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

12 hours ago · Money blog: £842m wiped off JD Sports value in a few hours. JD Sports has seen roughly £842m wiped off its company value after it reported profits will be at the lower end of …

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

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12 hours ago · Money blog: £842m wiped off JD Sports value in a few hours. JD Sports has seen roughly £842m wiped off its company value after it reported profits will be at the lower end of …

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JD Sports Sees £2bn Wiped Off Market Value But Analysts Are …

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Jan 4, 2024 · JD Sports has not started the new year on the right foot. Nearly £2bn has been wiped off the firm’s market value after it posted an unusually weak Christmas performance. A …

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Money Blog: JD Sports Sees £842m Wiped Off Its Value In Single …

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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 …

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JD Sports’ Profit Warning Highlights Consumer Spending Woes

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Jan 4, 2024 · Nearly £2bn was wiped off JD Sports Fashion’s market value on Thursday, after the British sportswear giant warned on annual profit, citing tepid consumer spending that bruised …

businesslive.co.za

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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 …

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Value Of JD Sports Plummets By £1.7bn After Profit Warning

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Jan 4, 2024 · In the fast-paced world of fashion retail, JD Sports, a prominent player in the industry, faced a significant setback recently. More than £1.7 billion was erased from JD …

economistglobal.com

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Will JD Sports Be Able To Shrug Off Problems At Nike?

1 week from now

After a tough year, which included a profit warning in January and £2bn wiped off its market cap, JD reported like-for-like sales growth in the first half of the year of 0.7 per cent and the ...

msn.com

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JD Sports Sees £2bn Wiped Off Market Value But Analysts Are

1 week from now

More for You. JD Sports has not started the new year on the right foot. Nearly £2bn has been wiped off the firm’s market value after it posted an unusually weak Christmas performance. A …

msn.com

£439
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JD Sports Makes Record Profits Despite Store Closures

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Sep 14, 2021 · JD Sports makes record profits despite supply chain problems and store closures as online trade booms Pre-tax profits at the sportswear retailer jumped to £439.5m during the …

thisismoney.co.uk

39%
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Down 39% In Less Than 2 Months. Is The JD Sports Fashion ... - Fool …

1 week from now

The consensus for 2024 is that JD Sports will report earnings of £0.12, down from the £0.13 reported for 2023. The good news is, for 2025, the consensus estimate is back up to £0.13 …

fool.co.uk

8%
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Is JD Sports Still A Value Share In Disguise? - Fool UK

1 week from now

May 30, 2024 · Lately, the JD Sports share price has been moving upwards. It is now around £1.32. But, despite the recent upwards momentum, the share price is just 8% higher than what …

fool.co.uk

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The JD Sports Share Price Has Collapsed. I Am Buying For Recovery

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Sep 23, 2022 · Over the past year, shares in JD Sports Fashion (LSE: JD) have lost almost half their value. The 48% decline in the JD Sports share price is painful for me as a shareholder in …

fool.co.uk

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JD Sports Will Get Back On Track – Here's How To Play It - MoneyWeek

1 week from now

May 23, 2022 · While I’m not going to suggest that you close any positions, I suggest that you should lock in some more profit by cutting the price at which you cover Teladoc Health to $60 …

moneyweek.com

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

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. ...

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. ...

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 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. ...

Is JD Sports spending too much?

In short, JD Sports is spending. Lots. It is opening hundreds of new physical stores annually, expanding its already sizeable global presence. That risks stretching management too thin, but it could add scale. It is also acquiring rivals to help strengthen its own footprint. ...

Is JD Sports a value share?

That sort of spending can help JD Sports play to its strengths on a bigger stage. But it also explains why I see JD as a value share. The retailer could, if it chose to, turn off those spending taps in short order and let a larger percentage of its large operating earnings filter down to the bottom line. ...