JD Wetherspoon shares gain 3% on raised profit outlook
Third quarter sales up 5.2%Full year profit seen top endUpgrades to earnings estimatesThe post-pandemic recovery at JD Wetherspoon (JDW) continues at pace after the pub group delivered another period of strong like-for-like sales growth and said full-year profit was expected to come in at the top end of market expectations.The news sent the shares 3% higher to 748.6p, meaning they are roughly flat