Little Cheer For J D Wetherspoon Shares After It Accuses Governments Of Robbing Poor Pubs
“J D Wetherspoon plc (LON:JDW)’s trading update has been greeted with very little cheer among investors with shares down around 0.5% in early trading. Q2 2021 hedge fund letters, conferences and more Although across the sector outside terraces are heaving and revellers are making the most of their new found social freedoms, sales at the chains are still like a weak pint of beer. Far from being a cash cow, the Euros haven’t helped boost trade, with like for like sales down 20.8% between June 10 and July 4, whereas just before the tournament they were down by 8.1%. The company may be ruing its d...