JD Sports see FY in line as strong demand boosts lifts H1 profits by 25%

21st Sep 2023 07:22

(Sharecast News) - Shares in JD Sports Fashion surged as the UK sportswear retailer said it was on track to deliver a 5% rise in annual profit after interim earnings rose by more than a quarter, driven by resilient sales of trainers and athletic leisurewear amid the cost-of-living crisis.

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Berenberg lifts price target on 'top pick' JD Sports

8th Sep 2023 08:59

(Sharecast News) - Berenberg lifted its price target on JD Sports Fashion on Friday to 225p from 210p and named the retailer its "top pick" in the sector, as it said the recent slump in the share price has created an attractive entry point.

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Broker tips: JD Sports, B&M, Diageo, Reckitt

21st Aug 2023 13:59

(Sharecast News) - RBC Capital Markets has reiterated its positive stance on AB Foods, JD Sports, WH Smith and B&M, saying that consumer buying behaviour in the US paints a promising picture for the London-listed value retailers.

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Discount retailers ABF and B&M to 'outperform', says RBC

21st Aug 2023 07:35

(Sharecast News) - RBC Capital Markets has reiterated its positive stance on AB Foods, JD Sports, WH Smith and B&M, saying that consumer buying behaviour in the US paints a promising picture for the London-listed value retailers.

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JD Sports buys control of Iberian Sports Retail for €500m

7th Jul 2023 07:24

(Sharecast News) - UK sportswear retailer JD Sports Fashion said it was buying the minority holding in Iberian Sports Retail Group currently held by Balaiko Firaja Invest and Sonae Holdings for €500.1m.

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Leicester City FC to be fined for anti-competitive deal with JD Sports

5th Jul 2023 12:25

(Sharecast News) - The Competition and Markets Authority (CMA) issued a fine to Leicester City FC on Wednesday, after finding that the football club and retailer JD Sports had engaged in an arrangement that restricted competition in the sales of Leicester City-branded clothing, including replica kits.

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JD Sports inks first-ever franchise deal in Middle East

3rd Jul 2023 12:31

(Sharecast News) - UK sportswear retailer JD Sports Fashion on Monday said it planned to open around 50 stores in the Middle East after agreeing a franchise deal with Dubai-based GMG.

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Berenberg says weakness in JD Sports looks 'overdone'

28th Jun 2023 13:26

(Sharecast News) - Analysts at Berenberg sounded a positive note on shares of JD Sports, pointing to the retailer's fundamentals, valuation and potential share buyback to back up its call.

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JD Sports Fashion holds guidance despite softer N America

27th Jun 2023 07:03

(Sharecast News) - Shares in UK sportswear retailer JD Sports Fashion slid on Tuesday as the company warned of softening in its North American markets and a slowdown overall in May, but maintained annual guidance.

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JD Sports sees profits of more than £1bn this year

17th May 2023 07:04

(Sharecast News) - JD Sports Fashion said it expected annual profit to pass £1bn after a record result in the year to January 28 as buyers snapped up trainers in the shift towards leisurewear.

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JD Sports appoints Dominic Platt as CFO

11th May 2023 07:55

(Sharecast News) - JD Sports Fashion said on Thursday that it has appointed Dominic Platt as chief financial officer and as a member of the board.

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JD Sports to buy France's Courir in €520m deal

9th May 2023 07:33

(Sharecast News) - JD Sports said on Tuesday that it has agreed to buy French sportswear retailer Courir in a €520m deal.

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Director dealings: JD Sports director makes share purchase

2nd Mar 2023 15:02

(Sharecast News) - JD Sports revealed on Thursday that non-executive director Suzi Williams had acquired 27,579 ordinary shares in the FTSE 100-listed sportswear retailer.

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Frasers says Rascal Clothing brand purchase not proceeding

8th Feb 2023 07:21

(Sharecast News) - Frasers Group said it was no longer going ahead with its acquisition of the Rascal Clothing brand from JD Sports.

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JD Sports surges as double-digit growth plan unveiled by new CEO Schultz

2nd Feb 2023 11:19

(Sharecast News) - Shares in sports fashion retailer JD Sports Fashion surged on Thursday as the company revealed it is aiming to grow revenues and margins by double digits over the next five years alongside a rapid store expansion under a strategy outlined by new chief executive Regis Schultz.

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