JD Sports Shares Slump 22% As Sales Slump Prompts Profits …

Jan 4, 2024 · Retailer JD Sports Fashion saw its share price collapse on Thursday after recording disappointing trading numbers for the 22 weeks to 30 December. At 120.9p per share, the …

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22%
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JD Sports Shares Slump 22% As Sales Slump Prompts Profits …

1 week from now

Jan 4, 2024 · Retailer JD Sports Fashion saw its share price collapse on Thursday after recording disappointing trading numbers for the 22 weeks to 30 December. At 120.9p per share, the …

forbes.com

22%
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JD Sports Share Price Plummets 22% As Retailer Warns On Profits

1 week from now

Jan 4, 2024 · Shares in retailer JD Sports Fashion (LSE: JD) plunged 22% on Thursday after the company warned full-year profits would miss expectations due to “more cautious consumer …

investomania.co.uk

£955
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JD Sports Warns Over Profit Hit After October Trading Woes

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1 day ago · The retailer said underlying annual profits are now expected at the lower end of its previous guidance for between £955 million to £1.04 billion. ... JD Sports warns over profit hit …

independent.co.uk

17%
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JD Sports Warns Over Profit Hit After October Trading Woes - MSN

1 week from now

Retailer JD Sports Fashion has seen shares tumble after warning over a hit to profits following a sales slump in October. Shares in the sportswear firm plunged as much as 17% in morning …

msn.com

$1.16
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JD Sports' Profit Warning Wipes Shine Off Shares - Nasdaq

1 week from now

Jan 4, 2024 · JD, which sells Nike, Adidas and other sports fashion ranges, now expects profit before tax and adjusted items of 915-935 million pounds ($1.16-1.19 billion) for the year …

nasdaq.com

12%
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FTSE 100 Live 21 November: JD Sports Fashion Shares Skid, Nvidia …

1 week from now

JD Sports Fashion shares have fallen 12% or 14p to 98.9p after the retailer updated its profits guidance in light of a tough October. ... The FTSE 100 index is 22.68 points higher at 8107.75, …

msn.com

14%
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JD Sports Shares Slump 14% After Profit Warning | BoF - The …

1 week from now

1 day ago · Mild weather and aggressive discounting by competitors led to disappointing sales at JD Sports in October, with profits expected to be at the lower end of forecasts. The gloomy …

businessoffashion.com

£947
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JD Sports Warns Economic Crisis Will Hit Growth After Profits Surge ...

1 week from now

Jun 22, 2022 · The Greater Manchester-headquartered retail giant has reported profits before tax and exceptional items of £947.2m for the 12 months to January 29, 2022, up from the …

manchestereveningnews.co.uk

£1
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Value Of JD Sports Plummets By £1.7bn After Profit Warning

1 week from now

Jan 5, 2024 · PressReader. Catalog; For You; The Guardian Australia. Value of JD Sports plummets by £1.7bn after profit warning 2024-01-05 - Sarah Butler . More than £1.7bn was …

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FAQs about JD Sports Shares Slump 22% As Sales Slump Prompts Profits … Coupon?

Why did JD Sports' shares tumble?

JD Sports’ shares tumble after profit warning prompted by October trading woes - The retailer said underlying annual profits are now expected at the lower end of its previous guidance for between £955 million to £1.04 billion. ...

Why did JD Sports Fashion stock fall 17%?

Retailer JD Sports Fashion has seen shares tumble after warning over a hit to profits following a sales slump in October. Shares in the sportswear firm plunged as much as 17% in morning trading on Thursday after it said underlying annual profits are now expected at the lower end of its previous guidance for between £955 million to £1.04 billion. ...

Why did JD Sports lose a fifth of its stock market value?

JD Sports has lost more than a fifth of its stock market value after the retailer downgraded its full-year profit forecast. A trading update by the sportswear chain on Thursday revealed it now expects profit before tax and adjusted items of between £915m and £935m in 2023/24. The figure is down on previous estimates of £1.04bn for the period. ...

Why did JD Sports stock plunge 18%?

JD Sports shares plunged about 18% on Thursday, ending up around €1.39 on Friday afternoon, following the company issuing a downbeat profit forecast. The shoe retailer warned profits may come in about £125 million lower for the financial year ending in February 2024. ...

Why did JD Sports stock plunge a quarter?

JD Sports shares plunged almost a quarter after it slashed its profit forecasts, blaming a mild autumn and weaker Christmas spending. In an unscheduled trading update, the sportswear retailer said shoppers were “more cautious” over the crucial festive period, meaning it now expected profits of between £915m and £935m for the year to Feb 3. ...

Why did JD Sports lower its full-year profit forecast?

The group lowered its full-year profit forecast, citing higher costs and subdued consumer spending in the peak season. Softer demand and more promotional activity than expected dented gross margins in the peak 22-week period ending 30 December, JD Sports said, adding that its full-year gross margin rate will be slightly lower than last year. ...