JD Wetherspoon plunges after annual profit warning

J D Wetherspoon

21/01/2026 08:16

** Shares in JD Wetherspoon JDW.L down 7.6% at 682p

** Strock top loser on FTSE midcaps .FTMC index which is up nearly 0.1%

** British pub group warns of lower FY26 profit vs last year due to surging costs

** Says like-for-like sales up 4.7% in the 25 weeks to January 18, with momentum building through Q2 and Christmas trading up 8.8%.

** Stock had gained ~23% in 2025

(Reporting by Prerna Bedi in Bengaluru)

((Prerna.Bedi@thomsonreuters.com ; +91 98052 24616))