Business · 22 July 2026
Wetherspoon expects annual earnings to miss forecasts after fourth profit warning
JD Wetherspoon issued its fourth profit warning this year on Wednesday, with annual earnings expected to miss forecasts. The pub chain blamed weaker-than-expected sales and rising costs for food, workers, energy, and property taxes. Shares in the company fell by about 9% following the announcement.
Reported by Guardian · How we write briefs