JD Sports shares slump 14% after profit warning - inkl

1 day ago  · The gloomy update sparked a sell-off among investors, sending shares down 14% and wiping about £800m off the value of the FTSE 100 company, which owns the JD chain as …


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JD Sports Shares Slump 14% After Profit Warning - Inkl

1 week from now

1 day ago  · The gloomy update sparked a sell-off among investors, sending shares down 14% and wiping about £800m off the value of the FTSE 100 company, which owns the JD chain as …

inkl.com

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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

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JD Sports Shares Slump 14% After Profit Warning - Magzter

1 week from now

23 hours ago  · Mild weather and discounting by rivals hit sales at JD Sports in October, as the trainers and fashion retailer said profits would be at the lower end of expectations. ... JD …

magzter.com

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JD Sports Shares Sink On Profit Warning - Yahoo Finance

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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 …

yahoo.com

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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

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JD Sports Shares Plummet Following Dire Profit Warning

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Jan 5, 2024  · JD Sports shares plunged about 18% on Thursday, ending up around €1.39 on Friday afternoon, following the company issuing a downbeat profit forecast.

euronews.com

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JD Sports Shares Slump As Retailer Scrapes Bottom End Of Profit

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Instead, the January profit warning saw JD Sports put out a revised estimate that it would generate pre-tax profits worth £915-£935 million, over the 53 week period ending in February …

msn.com

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

1 week from now

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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UK Midcap Index Hits 3-Month Low Amid CMC And JD Slump

1 week from now

1 day ago  · The blue-chip FTSE 100, however, rose 0.4%, aided by a dip in sterling and health and safety device maker Halma’s 6.8% rise after it posted growth in half-year revenue and …

globalbankingandfinance.com

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JD Sports Shares Slump 14% After Profit Warning

1 week from now

The recent profit warning from JD Sports has captured the attention of investors and industry professionals alike, as the British fashion and sports retailer revealed disappointing sales …

timesofinnovation.com

FAQs about JD Sports shares slump 14% after profit warning - inkl 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' 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. ...

What happened to JD Sports?

JD Sports is a major retailer of sportswear giants Nike and Adidas, which have both suffered from waning consumer demand this year. Nike’s shares lost a fifth of their value in June after it issued a profit warning. Last month, it reported a 10 per cent drop in quarterly sales and withdrew its full-year forecasts. ...

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 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 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. ...

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