JD Sports 'well positioned' to meet full year forecasts
28th Jul 2016 10:55
(ShareCast News) - JD Sports Fashion said it was "well positioned" to deliver a headline full year profit before tax in the upper half of current market expectations of between £170m - £190m. "Further to our AGM trading statement on 17 June 2016, we are pleased to report that the strong performance
Read moreJD Sports sees "excellent" first half on Euro 2016 boost
17th Jun 2016 07:38
(ShareCast News) - FTSE 250 retailer JD Sports Fashion said on Friday that it is well placed to deliver an "excellent" first-half result. In its annual general meeting trading statement, the company said it has seen a further boost to sales in recent weeks from the UEFA Euro 2016 tournament. "We fa
Read moreSports Direct dumps JD shares as BHS remains in play
3rd May 2016 21:18
(ShareCast News) - Sports Direct has continued to dispose of shares in rival JD Sports as chairman Mike Ashley eyes a move to rescue the collapsed BHS chain. The sports goods discounter sold 1.45m shares, taking its stake to 9.68m or 4.97%, from the previous 11.13m or 5.72% it was left with after it
Read moreThursday broker round-up
14th Apr 2016 14:09
(ShareCast News) - Metro Bank: Goldman Sachs reiterates neutral with a target price of 2080p. Burberry: Credit Suisse stays at underperform with a target price of 1050p. JD Sports: Investec keeps at buy with a target price of 1420p and Cantor Fitzgerald reiterates buy with a target of 1400p. Tesco
Read moreJD Sports Fashion sneaks to new high on natty final results
14th Apr 2016 08:28
(ShareCast News) - Full year results from JD Sports Fashion were well ahead of market expectations, which combined with confidence about continued growth to send the company's shares to a new peak. On revenue up 20% to £1.8bn in the year to 31 January, operating profits jumped 56% to £158.9m and pro
Read moreJD Sports expands European footprint with Dutch acquisition
23rd Mar 2016 11:53
(ShareCast News) - JD Sports Fashion has agreed to buy the trading assets of Netherlands-based Aktiesport and Perry Sport from administrators for €26.5m (£21m) in cash. The FTSE 250 sports clothing retailer is buying the assets from the trustees of Unlimited Sports Group BV, which was declared bankr
Read moreSports Direct takes profits from JD stake
14th Mar 2016 09:51
(ShareCast News) - Sports Direct has taken some profits from its investment in rival JD Sports, selling 1.08m shares it was revealed on Monday. The FTSE 100 sports goods retailer, whose canny chief Mike Ashley has a history of short- and long-term investments in rivals, took its contract for differ
Read moreNew JD Sports director to support global expansion
12th Feb 2016 07:12
(ShareCast News) - JD Sports Fashion's global expansion plans were boosted on Friday, with the appointment of Andy Rubin to the group's board as a non-executive director. The FTSE 250 fashion retailer said Rubin was currently chairman of Pentland Brands, a director of Pentland Group and the European
Read moreFTSE 250 movers: Underdone Restaurant Group drives market down
14th Jan 2016 15:39
(ShareCast News) - The FTSE 250 fell sharply on Thursday, down 259.61 points (1.55%) to 16,436.16 by mid-afternoon. Restaurant Group's year-end trading update came out undercooked after it revealed sales slowed in the final weeks of the year, with the market expecting a boost from the favourable cin
Read moreJD Sports Christmas sales sprint ahead 10%
14th Jan 2016 08:04
(ShareCast News) - A bumper Christmas saw sales at sports and fashion retailer JD Sports sprint ahead by 10.6% and the company said it now expected full year headline profit before tax and exceptional items to beat expectations of £136m by up to 10%. The company also said the termination of a projec
Read moreJD Sports sees full year ahead of market expectations
3rd Dec 2015 15:40
(ShareCast News) - Shares in JD Sports Fashion bobbed higher in afternoon trade after the company said it expects headline profit before tax and exceptional items for the current financial year to exceed consensus market expectations of £125m by £10m. The sports retailer said relatively strong tradi
Read moreThursday newspaper share tips: SABMiller, JD Sports Fashion and Smart Metering Systems
17th Sep 2015 10:37
(ShareCast News) - It's time to say cheers and order another round in for SABMiller, according to Lex in the Financial Times. It comes on the back of Wednesday's news that AB InBev is planning a takeover of the brewing company. The value is big (a combined enterprise value of $306bn and combined net
Read moreLondon open: Stocks climb ahead of UK jobs data
16th Sep 2015 08:30
(ShareCast News) - London stocks climbed on Wednesday before the release of the UK labour market report and the Bank of England's testimony before the Treasury Select Committee. The UK jobs report at 0930 BST is expected to show the employment change for the three months to July grew by 18,000 jobs,
Read moreJD Sports reports jump in pre-tax profit as sales up 10%
16th Sep 2015 07:47
(ShareCast News) - Retailer JD Sports said half-year sales had increased 10% with pre-tax profits almost doubling to £44.7m as the UK economy strengthened. However, it warned that government plans to introduce a "living wage" in April 2016 would harm future earnings. Revenue was up 21% to £809m. Ex
Read moreFTSE 250 movers: JD Sports surges on beefed up profit forecast, Moneysupermarket drops as Lewis sells shares
31st Jul 2015 15:12
(ShareCast News) - London's FTSE 250 index was up 0.6% at 17,618.23 at 14:51 BST, with online retailer JD Sports Fashion pacing the advance. Shares in JD Sports Fashion surged after the company said it expects its full-year profit to be 10% ahead of current market forecasts of around £110m, as tradi
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