# British pub group JD Wetherspoon expects profit at upper end of market forecast
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2024-05-08
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: JD Wetherspoon Projects Strong Profit Growth Amid Surging
Meta Description: British pub group JD Wetherspoon reports higher third-quarter sales and strong demand for traditional ales and vodka, projecting profit to surpass expectations.
URL: https://financedigest.com/british-pub-group-jd-wetherspoon-expects-profit-at-upper-end-of-market-forecasthtml

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(Reuters) – British pub group J D Wetherspoon on Wednesday forecast its profit to be towards the upper end of market expectations after it posted higher third-quarter sales, aided by strong demand for its traditional ales and vodka.

The group, which owns and operates pubs across the UK and Ireland, reported a 5.2% rise in like-for-like sales for the 13 weeks to April 28.

(Reporting by Radhika Anilkumar in Bengaluru; Editing by Sherry Jacob-Phillips and Rashmi Aich)


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