1242 GMT - Rising costs might continue to dent J.D. Wetherspoon's profitability, as the company was already under pressure prior to the energy shock from the Iran war, AJ Bell's Russ Mould says in a note. The company might face some issues due to knock-on effects on suppliers or consumer confidence, but luckily also hedges against energy costs, he says. The hedging will act as insulation from price volatility in oil and gas right now, he adds. "The backdrop remains unpredictable, and it is hard to say just how much it can shield its patrons from price increases," Mould says. Shares are down 13.5% at 537 pence. (aimee.look@wsj.com)
(END) Dow Jones Newswires
March 20, 2026 08:42 ET (12:42 GMT)
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