WETHERSPOON J D

J D Wetherspoon's share price has plummeted from its 2021 peak, with a P/E ratio of 10.5 suggesting a buying opportunity, but we remain cautious of a potential value trap. Despite a 3.9% rise in revenue and 4.8% LFL sales growth in H1, Spoons's core segments like food and drinks saw modest gains, while EBIT margins fell 115bps. Higher costs and taxes with volatile commodity prices will continue to squeeze margins, with EBIT margins not expected to recover to pre-pandemic levels until FY29.» Mehr auf seekingalpha.com

JD Wetherspoon PLC (LSE:JDW) boss Tim Martin has predicted widespread price rises across the entire hospitality sector in response to Labour's Autumn Budget. In a trading update covering the 14 weeks to 3 November, Martin stated: "Cost inflation, which had jumped to elevated levels in 2022, slowly abated in the following two years, but has now jumped substantially again following the Budget.» Mehr auf proactiveinvestors.co.uk

JD Wetherspoon PLC (LSE:JDW) delivered “robust results” and a reinstated dividend this financial year, but analysts at Shore Capital Markets were also left scratching their heads as to why the stock is priced as it is. Pointing out that Wetherspoon is a net seller of pubs with “normalising” sales trends, analysts said: “It is difficult to reconcile why Spoons should command such a premium rating to its pub peers; albeit it remains best-in-class.» Mehr auf proactiveinvestors.co.uk