Wetherspoons Issues Fourth Profit Warning This Year
Wetherspoons has issued its fourth profit warning this year, dampening hopes for a boost from the World Cup and favorable weather. The pub chain continues to face financial challenges.
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Wetherspoons issues fourth profit warning this year
Pub chain hit by weak sales and cost rises
Read full article →Wetherspoon’s issues fourth profit warning in seven months
Pub chain blames worse-than-expected sales on rising costs for workers, food, energy and property taxes Business live – latest updates JD Wetherspoon has issued its fourth profit warning in seven months, with the pub chain blaming worse-than-expected sales, despite the World Cup, as it struggled with rising costs for food, workers, energy and property taxes. Shares in the pub chain tumbled 10% on Wednesday morning as its chair, Tim Martin, warned that profits would fall short of forecasts w...
By Kalyeena Makortoff
Read full article →Wetherspoons dashes hopes of World Cup and weather boost with another warning
Shares in Wetherspoon dropped by around 9% on Wednesday morning
By Anna Wise
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