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Pin to quick picksWetherspoon (J.D) Share News (JDW)

Share Price Information for Wetherspoon (J.D) (JDW)

London Stock Exchange
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Share Price: 733.50
Bid: 735.50
Ask: 737.50
Change: 10.50 (1.45%)
Spread: 2.00 (0.272%)
Open: 727.00
High: 737.00
Low: 726.00
Prev. Close: 723.00
JDW Live PriceLast checked at -

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UPDATE 1-Wetherspoon calls for "sensible" UK rules as pub losses mount

Fri, 16th Oct 2020 07:46

(Adds details on results; other job cuts)

Oct 16 (Reuters) - The head of British pub operator J D
Wetherspoon warned on Friday of the threat posed to his
industry and the wider economy from measures to try to contain
the coronavirus, after the company sank to an annual loss.

Announcing a further 108 job cuts, this time at the
company's head office, Wetherspoon said its pretax profit had
sunk from 102 million pounds in the financial year ending July
2019 to a 34 million pound loss in the year to July 26.

The statement follows Marston's announcement of up
to 2,150 job losses earlier this week, and warnings from pub
bosses across northern England that the latest round of
restrictions will wipe out their businesses.

"The company and the entire hospitality industry need a more
sensible and consistent regulatory framework in which to
operate," said Chairman Tim Martin, who has been an outspoken
opponent of coronavirus restrictions for much of this year.

"The current environment of lockdowns, curfews and
constantly changing regulations and announcements threatens not
only pub companies, but the entire economy," he added.

Wetherspoon employed around 43,000 people at the end of its
last financial year and had already said it would cut up to 130
jobs at its head office and 400 to 450 employees at airport
concessions.

Shares in the company, which have already sunk this year,
were expected to fall another 3% at opening.

($1 = 0.7755 pounds)
(Reporting by Aakash Jagadeesh Babu and Yadarisa Shabong in
Bengaluru; editing by Patrick Graham)

More News
4 May 2022 10:09

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(Alliance News) - Pub chain JD Wetherspoon PLC on Wednesday posted lower sales in the third quarter and also warned of "considerable" cost pressures facing the company.

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LONDON BRIEFING: JD Wetherspoon blames lockdowns for inflation crisis

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4 May 2022 07:44

Wetherspoons expects to break even for the year but warns over costs

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UK earnings, trading statements calendar - next 7 days

Thursday 28 April 
Angle PLCFull Year Results
Barclays PLCQ1 Results
Brave Bison Group PLCFull Year Results
C4X Discovery Holdings PLCHalf Year Results
Checkit PLCFull Year Results
Evraz PLCQ1 Results
Flutter Entertainment PLCQ1 Results
Glencore PLCTrading Statement
Howden Joinery Group PLCTrading Statement
HSS Hire Group PLCFull Year Results
Hurricane Energy PLCFull Year Results
Inchcape PLCTrading Statement
Indivior PLCQ1 Results
International Personal Finance PLCTrading Statement
J Sainsbury PLCFull Year Results
Keystone Law Group PLCFull Year Results
Lancashire Holdings LtdQ1 Trading Statement
Novacyt SAFull Year Results
PPHE Hotel Group LtdTrading Statement
Sanderson Design Group PLCFull Year Results
Schroders PLCTrading Statement
Smith & Nephew PLCQ1 Results
Spectris PLCQ1 Results
St James's Place PLCTrading Statement
Standard Chartered PLCQ1 Results
Unilever PLCQ1 Results
Whitbread PLCFull Year Results
Friday 29 April  
Alphawave IP Group PLCQ1 Results
AstraZeneca PLCQ1 Results
Computacenter PLCQ1 Results
Industrials REIT LtdTrading Statement
Kingspan Group PLCTrading Statement
NatWest Group PLCQ1 Results
Nostrum Oil & Gas PLCFull Year Results
Pearson PLCQ1 Results
Reckitt Benckiser Group PLCQ1 Results
Rotork PLCTrading Statement
Smurfit Kappa Group PLCQ1 Results
Travis Perkins PLCQ1 Results
UP Global Sourcing PLCHalf Year Results
Monday 2 May 
no events scheduled 
Tuesday 3 May 
Blackrock Greater Europe Investment Trust PLCHalf Year Results
BP PLCQ1 Results
Camellia PLCFull Year Results
Card Factory PLCFull Year Results
Cardiff Property PLCHalf Year Results
Intelligent Ultrasound Group PLCFull Year Results
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McColl's Retail Group PLCFull Year Results
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Apax Global Alpha LtdTrading Statement
Aston Martin Lagonda Global Holdings PLCQ1 Results
boohoo Group PLCFull Year Results
Dianomi PLCFull Year Results
Direct Line Insurance Group PLCTrading Statement
e-Therapeutics PLCFull Year Results
Flutter Entertainment PLCQ1 Results
International Personal Finance PLCTrading Statement
JD Wetherspoon PLCTrading Statement
Johnson Service Group PLCTrading Statement
OSB Group PLCTrading Statement
Personal Group Holdings PLCTrading Statement
Schroder Oriental Income Fund LtdHalf Year Results
Smiths News PLCHalf Year Results
Tribal Group PLCTrading Statement
UK Commercial Property REIT LtdTrading Statement
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Copyright 2022 Alliance News Limited. All Rights Reserved.

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18 Mar 2022 15:11

Wetherspoon pub group works to win back the punters

March 18 (Reuters) - British pub group J D Wetherspoon expects sales to recover to pre-pandemic levels this year, provided pandemic restrictions are not re-imposed, and is working with suppliers to curb the impact of inflation, Chairman Tim Martin said on Friday.

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18 Mar 2022 08:08

LONDON BRIEFING: Wetherspoon says pub sales close to normal recently

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18 Mar 2022 08:02

TOP NEWS: JD Wetherspoon sales remain below pre-pandemic level

(Alliance News) - JD Wetherspoon PLC on Friday reported a narrowed interim loss, but the pub chain is yet to return to the business seen in pre-pandemic times.

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