JD Sports shares plunge after profit warning - Sky News

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 …


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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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Money Blog: £842m Wiped Off JD Sports Value In A Few Hours

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1 day ago  · JD Sports has seen roughly £842m wiped off its company value after it reported profits will be at the lower end of expectations. Read this and the rest of today's consumer and …

sky.com

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JD Sports Shares Plunge 20% After Profit Warning - BBC

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.com

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JD Sports Fashion Shares Fall 20% After Profit Warning

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Jan 4, 2024  · Why JD Sports Fashion shares are down despite record profits. Russ Mould, investment director at AJ Bell said: ‘News from JD Sports that full-year pre-tax profit will be up …

sharesmagazine.co.uk

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JD Sports Shares Plunge But Analyst Points To Strong Growth …

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Jan 5, 2024  · Fallen star JD sports saw as much as £1.8 billion being wiped off its market value this week as shareholders rushed to sell their shares on the back of the company’s profit …

fashionnetwork.com

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

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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

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

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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' Profit Warning Wipes Shine Off Shares - Nasdaq

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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

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Should I Buy JD Sports Shares After A 28% Fall? - Fool UK

1 week from now

Jan 8, 2024  · For the year ending 31 January 2025, analysts expect JD to generate earnings per share of 13.9p. This earnings forecast will probably come down in the weeks ahead due to the …

fool.co.uk

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JD Sports Shares Plunge 20% After Profit Warning

1 week from now

Jan 4, 2024  · Shares in JD Sports have plummeted by more than 20% after the sportswear seller issued an unexpected profit warning. JD Sports said there were more promotions than it …

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FAQs about JD Sports shares plunge after profit warning - Sky News Coupon?

Why did JD Sports stock fall 20%?

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 previously predicted after a worse-than-expected festive trading 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 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. ...

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 lose £842m?

There's plenty for the markets to digest and react to today. JD Sports has seen roughly £842m wiped off its company value after it reported profits will be at the lower end of expectations. Consumer caution in October, increased discounting and mild weather conspired to bring down sales. ...

How much will JD Sports make in 2023/24?

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. Shares in JD Sports closed just shy of 23% down. ...

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