J D Wetherspoon (GB:JDW) has released an update.
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J D Wetherspoon reports a robust start to its financial year, with like-for-like sales increasing by 5.9% in the first 14 weeks, significantly outperforming industry averages. The company opened two new pubs and plans to expand further, despite facing increased costs due to recent government policy changes. Chairman Tim Martin remains confident of a positive year, focusing on competitiveness amidst rising business expenses.
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