Shore Capital stays positive on JD Sports despite profit warning
21st Nov 2024 14:49
(Sharecast News) - Shares in JD Sports Fashion tumbled on Thursday after the sportswear retailer disappointed with its profit guidance, but it wasn't enough to change Shore Capital's 'buy' rating on the stock with the broker citing an undemanding valuation.
Read moreJD Sports Fashion sees profit at lower end of range after 'volatile' October
21st Nov 2024 07:01
(Sharecast News) - Shares in JD Sports Fashion slumped by 15% on Thursday as the retailer warned full-year profits would be at the lower end of forecasts after a "volatile" trading environment in October due to discounting, milder weather and consumer caution ahead of the US election.
Read moreRBC stays positive about JD Sports on improving global footprint
14th Oct 2024 09:15
(Sharecast News) - JD Sports Fashion's share price has fallen sharply in the wake of the retailer's interim results two weeks ago, but RBC Capital Markets has reiterated its 'outperform' rating, saying that the stock's valuation still remains "undemanding".
Read moreJD Sports Fashion holds guidance after profits beat consensus
2nd Oct 2024 07:03
(Sharecast News) - Shares in JD Sports Fashion fell on Wednesday on the back of a sharp fall in sales at Nike - its major partner - despite a better-than-expected 2% rise in half-year profit and guidance hold amid a "challenging and volatile market".
Read moreLondon close: Stocks mixed on manufacturing data, Middle East tensions
1st Oct 2024 16:58
(Sharecast News) - London markets ended Tuesday with mixed results, as investors reacted to manufacturing data from both sides of the Atlantic, as well as Middle East developments.
Read moreWednesday preview: Investors await outlook statement from JD Sports
1st Oct 2024 09:26
(Sharecast News) - JD Sports Fashion will be in the spotlight on Wednesday as the sports apparel retailer reports its results for the six months to 3 August.
Read moreLondon close: Stocks finish higher as BoE holds rates
19th Sep 2024 16:03
(Sharecast News) - London stocks closed higher on Thursday, buoyed by the Bank of England's widely-expected decision to leave interest rates unchanged.
Read moreLondon close: Stocks mixed on return from long weekend
27th Aug 2024 15:58
(Sharecast News) - London's financial markets closed with a mixed performance on Tuesday, with Bunzl underpinning gains on the top-flight index after upgrading its full-year outlook.
Read moreLondon close: Stocks higher as investors digest Powell speech
23rd Aug 2024 14:33
(Sharecast News) - London markets closed in positive territory on Friday, as investors digested remarks from US Federal Reserve chairman Jerome Powell at the annual Jackson Hole economic symposium.
Read moreLondon close: Stocks mixed as investors look to Jackson Hole
22nd Aug 2024 15:31
(Sharecast News) - London's stock markets closed on a mixed note Thursday, as traders remained cautious ahead of a speech from Federal Reserve chair Jerome Powell.
Read moreJD Sports LFL sales return to growth in second quarter
22nd Aug 2024 07:15
(Sharecast News) - Sports apparel and footwear retailer JD Sports Fashion saw a return to like-for-like growth in its second quarter, with its store rollout programme in North America and Europe providing a boost while the UK market remains subdued.
Read moreLondon close: Stocks manage gains ahead of Fed minutes
21st Aug 2024 15:01
(Sharecast News) - London's stock markets ended Wednesday on a positive note amid a robust performance from the mining sector, as investors digested a US nonfarm payrolls revision and UK borrowing figures.
Read moreDeutsche Bank downgrades JD Sports, says cost of growth underestimated
12th Aug 2024 12:55
(Sharecast News) - Analysts at Deutsche Bank downgraded their recommendation for shares of JD Sports from 'hold' to 'sell' due to what it saw as the inevitable cost of growing the business and trimmed their target price of 115.0p.
Read moreRBC names M&S and Currys as top UK retail picks
29th Jul 2024 08:53
(Sharecast News) - Wage inflation and easier comparatives with last year could lead to a pick-up in demand for UK retailers this autumn, according to RBC Capital Markets which has highlighted M&S and Currys as its top stock picks.
Read moreLondon close: Stocks finish higher after UK, US jobs data
18th Jul 2024 16:03
(Sharecast News) - London stocks remained positive by the close on Thursday, buoyed by investor reactions to new employment data from the United States and the UK.
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