J D Wetherspoon plc (JDW.L) reported that its like-for-like sales increased by 5.8% in the 10 weeks to 07 July 2024, compared to the same period last year. Year-to-date like-for-like sales increased by 7.7%. The company estimates that net debt will be approximately 670 million pounds at the financial year end.
The company continues to expect profits in the current fiscal year to be in line with market expectations. The preliminary results are due to be released on 4 October 2024.
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