JD Sports on the prowl for acquisitions after raising £464m

4th Feb 2021 07:32

(Sharecast News) - JD Sports Fashion is on the hunt for new acquisitions after raising £464.2m on Thursday in a share placing to finance expansion and acquisitions.

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JD Sports set for cash raise to fund expansion plans

4th Feb 2021 00:17

(Sharecast News) - JD Sports Fashion on Wednesday said it was looking to raise more than £475m in a share issue to "invest in the expansion of the group and to capitalise on acquisition opportunities".

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JD Sports buys DTLR Villa for $495m in US expansion

1st Feb 2021 07:08

(Sharecast News) - JD Sports Fashion has agreed to buy DTLR Villa, a US sports retailer, for $495m (£360m) to expand in the north and east of the United States.

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JD Sports 'disappointed' nearly third of shareholders opposed pay report

29th Jan 2021 11:43

(Sharecast News) - JD Sports Fashion said it was "disappointed" that nearly a third of its shareholders had voted against its remuneration report at the annual meeting in July.

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JD Sports sees FY profit 'significantly' ahead of market expectations

11th Jan 2021 07:28

(Sharecast News) - JD Sports Fashion said on Monday that it is confident headline pre-tax profit for the year to 30 January will be "significantly" ahead of current market expectations of around £295m as demand has remained robust throughout the second half, including the key months of November and December.

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Berenberg raises target price on JD Sports

16th Dec 2020 13:01

(Sharecast News) - Analysts at Berenberg raised their target price on footwear retailer JD Sports from 900.0p to 975.0p on Wednesday, stating the self-styled "King of Trainers" had built itself a worthy palace with its most recent acquisition.

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Wednesday broker round-up

16th Dec 2020 10:40

(Sharecast News) - Capital & Regional: Berenberg downgrades to sell with a target price of 10p.

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JD Sports buys US retailer Shoe Palace for $325m

15th Dec 2020 07:03

(Sharecast News) - JD Sports Fashion said it has bought US-based Shoe Palace for $325m along with an equity share in the enlarged group for the company's founders.

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Debenhams to be wound down as JD Sports ends rescue talks

1st Dec 2020 09:06

(Sharecast News) - It was a grim day for the UK retail sector as beleaguered department store chain Debenhams was set to be liquidated following failed rescue talks with JD Sports, just hours after Philip Green's Arcadia retail group went into administration.

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JD Sports rises as Cowgill cools on Debenhams

30th Nov 2020 08:40

(Sharecast News) - JD Sports shares rose after the company was reported to be considering scrapping plans to buy Debenhams.

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JD Sports eyes Debenhams takeover - report

24th Nov 2020 12:38

(Sharecast News) - Shares in JD Sports were on the back foot on Tuesday after it was reported that the sportswear retailer was mulling a possible takeover of stricken department store chain Debenhams.

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JPMorgan starts coverage of JD Sports at 'overweight'

9th Nov 2020 09:20

(Sharecast News) - JPMorgan Cazenove initiated coverage of JD Sports at 'overweight' on Monday with a 1,000 price target, as it hailed the company "the sports fashion champion".

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Director dealings: JD Sports chairman lowers stake

2nd Nov 2020 15:40

(Sharecast News) - JD Sports revealed on Monday that chairman Peter Cowgill had disposed of 2.58m ordinary shares in the FTSE 100-listed sportswear retailer.

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RBC Capital upgrades Dixons Carphone, JD Sports

16th Oct 2020 07:45

(Sharecast News) - RBC Capital Markets upgraded its rating on JD Sports and Dixons Carphone on Friday.

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JD Sports resumes guidance, scraps dividend on cautious outlook

8th Sep 2020 07:01

(Sharecast News) - JD Sports Fashion forecast annual pre-tax profits of at least £265m as it scrapped an interim dividend and reported a slump in half-year earnings caused by the coronavirus pandemic.

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