JD Sports Shares Sink on Profit Warning – Footwear News

Jan 4, 2024 · JD Sports Fashion Plc shares took a dive on Thursday morning after the shoe and apparel retailer warned about a hit to its annual profits.. The U.K.-based athletic retailer said in …

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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 …

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JD Sports’ Shares Tumble After Profit Warning Prompted By ... - MSN

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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 …

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

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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 …

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JD Sports Shares Plunge After Profit Warning - Sky News

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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' 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 …

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JD Sports Expects Profit At Lower End Of Guidance - WSJ

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JD Sports JD-3.30% decrease; red down pointing triangle Fashion trimmed its guidance for fiscal 2025 after warning of trading volatility due to higher promotional activity and mild weather in its ...

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FAQs about JD Sports Shares Sink on Profit Warning – Footwear News Coupon?

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 Fashion stock tumble?

Retailer JD Sports Fashion has seen shares tumble after warning over profits following a sales slump in October. (PA Wire) From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. ...

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 Fashion lower its profit forecast?

Jan 4 (Reuters) - JD Sports Fashion JD.L lowered its full-year profit forecast on Thursday, citing higher costs and subdued consumer spending in the peak season, sending the British sportswear retailer's shares down nearly 21%. ...

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. ...