J D Wetherspoon ( (GB:JDW) ) has shared an update.
J D Wetherspoon reported a 3.9% increase in total sales for the first half of FY25, with like-for-like sales up by 4.8%. Despite a decrease in profit before tax and operating profit, the company saw a significant improvement in basic earnings per share and declared an interim dividend. However, rising national insurance and labor costs are expected to impact the pub industry disproportionately compared to supermarkets, due to higher VAT rates and labor costs, posing challenges for future operations.
More about J D Wetherspoon
J D Wetherspoon PLC operates pubs across the UK, focusing on providing quality food and drink at reasonable prices. The company emphasizes well-trained staff and maintains its pubs in excellent condition.
YTD Price Performance: 1.17%
Average Trading Volume: 433,451
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £710.3M
See more data about JDW stock on TipRanks’ Stock Analysis page.