Profit drop costs surge drives Jollibee Q1 review of targets
Jollibee Foods’ profit drop costs surge in Q1 prompted a review of targets and spending, as shares slid to a five-year low. Updates as details emerge.
Profit warning costs earnings downturn hits Wetherspoon
Wetherspoon again issued a profit warning as higher costs, notably energy and taxes, weigh on earnings amid a downturn in profits across reporting periods. —