J D Wetherspoon issues third profit warning of 2026

12 articles · Updated · Bloomberg · May 6

Chairman Tim Martin said on Wednesday that profits may come in slightly below market expectations as costs rise across the hospitality sector.
The pub chain said substantial increases in operating expenses are eroding earnings, adding to pressure already flagged in two earlier warnings this year.
The update underscores wider cost strains facing hospitality operators, with Wetherspoon joining peers warning that inflationary pressures are hurting profitability.

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