JD Sports Shares Plummet on Profit Warning - TipRanks.com

1 day ago · The company now expects its adjusted pretax profit to fall at the lower end of its forecast range of £955 million and £1.035 billion for FY25. This also contrasts with market …

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JD Sports Shares Plummet On Profit Warning - TipRanks.com

1 week from now

1 day ago · The company now expects its adjusted pretax profit to fall at the lower end of its forecast range of £955 million and £1.035 billion for FY25. This also contrasts with market …

tipranks.com

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

1 week from now

1 day ago · Shares in its rival, the Sports Direct owner Frasers Group, also fell, by 2.5 percent. Régis Schultz, the chief executive of the JD Sports Fashion group, said: “After a good start to …

businessoffashion.com

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JD Sports Shares Plunge 20% After Profit Warning - BBC News

1 week from now

Jan 4, 2024 · Shares in JD Sports have plummeted by more than 20% after the sportswear seller issued an profit warning. The company said its profits would be about £125m lower than …

bbc.co.uk

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JD Sports Shares Plummet Following Dire Profit Warning - MSN

1 week from now

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 …

msn.com

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

1 week from now

Jan 4, 2024 · As a consequence, JD now expects to report pre-tax profit of between £915 million and £935 million for financial 2024. This is down from the £1.04 billion it had predicted as …

forbes.com

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JD Sports Shares Plunge After Profit Warning - Sky News

1 week from now

Jan 4, 2024 · The figure is down on previous estimates of £1.04bn for the period. Shares in JD Sports closed just shy of 23% down. Sportswear peers Frasers Group, which owns Sports …

sky.com

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JD Sports Shares Sink On Profit Warning - Footwear News

1 week from now

Jan 4, 2024 · For the full year, JD now expects profit before tax and adjusted items to be between 915 million pounds and 935 million pounds (or between $1.16 billion and $1.19 billion at …

footwearnews.com

4%
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PDD Shares Plummet 4% Following JPMorgan Downgrade To Neutral

1 week from now

5 hours ago · Shares of PDD Holdings (PDD, Financial) fell about 4% to $99.3 after JPMorgan cut its rating from "overweight" to "neutral" due to low short-term visibility and macro …

yahoo.com

FAQs about JD Sports Shares Plummet on Profit Warning - TipRanks.com Coupon?

Why did JD Sports stock fall 20 per cent?

JD Sports shares fell over 20 per cent on Thursday after the retailer issued a profit warning. The group lowered its full-year profit forecast, citing higher costs and subdued consumer spending in the peak season. ...

Will JD Sports Fashion's annual profit come in at lower end?

LONDON, Nov 21 (Reuters) - British sportswear retailer JD Sports Fashion (JD.L) warned annual profit would come in at the lower end of its guided range after a tough October of discounting, mild weather and consumer caution, sending its shares down 9%. ...

Why did JD Sports Fashion stock fall 17%?

Retailer JD Sports Fashion has seen shares tumble after warning over 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 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 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. ...