Money blog: £842m wiped off JD Sports value in a few hours

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 …


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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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JD Sports Fashion PLC, JD.:LSE Financials - FT.com

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2 days ago  · In 2024, cash reserves at JD Sports Fashion PLC fell by 447.30m. However, the company earned 1.14bn from its operations for a Cash Flow Margin of 10.82%. In addition the …

ft.com

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JD Sports Reports ‘record’ H1 2025 Amid ‘volatile Global Marketplace’

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Oct 2, 2024  · JD Sports has revealed its group revenue went from £4.78bn in the 26 weeks to 29 July 2023 to £5bn in the 26 weeks to 3 August 2024 (H1 2025), which it describes as "record …

yahoo.com

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JD Sports Issues FY25 Profit Warning Over Weak Consumer Demand …

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10 hours ago  · JD Sports warned its full-year profit before tax and adjusting items (PBT) would be at the lower end of the £955m-£1.035bn guidance range as bigger discounts, ‘unseasonable …

yahoo.com

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JD Sports Fashion PLC - Financial Times

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Jan 4, 2024  · How oil ‘wildcatters’ ended up in charge of Trump’s energy policy ... JD Sports shrugs off profit hit from £550mn charge ... The Financial Times and its journalism are subject …

ft.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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JD Sports Shrugs Off Profit Hit From £550mn Charge

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UK leisurewear group expects profits to reach £1bn mark this year as young shoppers scoop up trainers and hoodies

dur.ac.uk

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JD Sports Profits Boosted By Young Shoppers - Financial Times

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Jan 11, 2023  · JD Sports expects profits to top £1bn for the first time next year as better-off young shoppers snap up its trainers and hoodies. ... “JD is 80 per cent of our profit and sales . . . but …

ft.com

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JD Sports Shrugs Off Profit Hit From £550mn Charge - Twitter

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JD Sports shrugs off profit hit from £550mn charge. 17 May 2023 12:47:02

twitter.com

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JD Sports Expects Profits This Year To Beat Pre-pandemic Levels

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Apr 13, 2021  · JD will pay a final dividend of 1.44p a share, totalling £14.8m. But it has not offered to return any of the UK government’s coronavirus-related assistance — including about £38m …

ft.com

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JD Sports Swells Potential Deals War Chest To More Than £1bn

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Feb 3, 2021  · JD Sports plans to raise almost £500m in a share issue “to capitalise on acquisition opportunities” as the UK retailer pushes on with global expansion amid the pandemic.

ft.com

FAQs about Money blog: £842m wiped off JD Sports value in a few hours Coupon?

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 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 Fashion lose 2 billion pounds?

REUTERS/May James/File Photo Purchase Licensing Rights Jan 4 (Reuters) - Nearly 2 billion pounds was wiped off JD Sports Fashion's (JD.L) market value on Thursday, after the British sportswear giant warned on annual profit, citing tepid consumer spending that bruised peak season sales and led to heavy discounting. ...

Is JD Sports the biggest non-food retailer in the UK?

UK retail chain JD Sports has reported record first-half profits thanks to increased spending online and pent-up demand that brought people back into shops after lockdowns ended. The company surpassed Next as the biggest non-food retailer in the UK by market capitalisation on Tuesday after its share price rose 8 per cent. ...

Did JD Sports issue fy25 profit warning over weak consumer demand?

"JD Sports issues FY25 profit warning over weak consumer demand " was originally created and published by Just Style, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. ...

What happened to JD Sports?

Shares in JD Sports closed just shy of 23% down. Sportswear peers Frasers Group, which owns Sports Direct, Adidas and Puma also fell - by 3.5% and 5.9% respectively. There was a further knock-on effect on US sports brands and retailers, with Nike down 1.5% and Foot Locker falling 1.4%. ...

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