Wetherspoons Shares Drop, As Cost Warnings Take Fizz Out Of FY Results
Forbes·2025-10-03 17:15
Photo by Robert Alexander/Getty ImagesGetty ImagesShares in pub chain JD Wetherspoons dropped as warnings over rising costs took the shine off robust sales in tough trading conditions.At 637p per share, Wetherspoons’ share price was last 4.2% lower on Friday.For the 52 weeks to 27 July, the FTSE 250 company saw headline sales rise 4.5% to £2.1 billion. This was despite it having six fewer pubs than in financial 2024, following the sale of nine sites and the opening of another three.On a like-for-like basis, ...