JD Sports cuts profit outlook as full price strategy ‘hampers sales’

3 days ago · JD Sports cuts profit outlook as full price strategy ‘hampers sales’ UK sports retailer JD Sports has announced its full year profit forecast is slightly below its previous guidance with …

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JD Sports Cuts Profit Outlook, Shares Tumble By Investing.com

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3 days ago · JD Sports cuts profit outlook, shares tumble ... which accounts for around 50% of its sales. Year-to-date, JD Sports’ LFL revenue is flat, with full-year LFL revenue expected to …

investing.com

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JD Sports Says Discounting To Weigh On Full Year Profits - RTÉ

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Nov 21, 2024 · For the full financial year, JD said pretax profit would come in at the lower end of the £955m to £1.035 billion guided range. In its 2023/24 year, it made £917.2m.

rte.ie

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JD Sports Cuts Profit Forecast As Shares Plunge Over 13% Amid …

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Dec 19, 2024 · JD Sports is also under scrutiny for its ability to generate stronger free cash flow in the future. Barclays highlighted a significant discrepancy between the company’s FY25 price …

thefinancialanalyst.net

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JD Sports Cuts Yearly Profit Outlook After Rivals Apply Festive ...

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3 days ago · JD Sports cuts yearly profit outlook after rivals apply festive discounts The sports retailer said revenues over November and December were 1.5% lower than the same period a …

independent.co.uk

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JD Sports Cuts Profit Outlook, Shares Tumble - Za.investing.com

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3 days ago · Investing.com -- Shares of JD (NASDAQ: JD) Sports (LON: JD) dropped 10% on Monday after the UK-based retailer lowered its full-year profit forecast, citing a "challenging …

investing.com

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JD Sports Issues Warning After Profits Cut By More Than £50m

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Sep 22, 2022 · The half-year results come after JD Sports announced it had agreed a £5.5m exit deal with its former boss, Peter Cowgill. JD Sports has also revealed that it has acquired 50% …

business-live.co.uk

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JD Sports Maintains Profit Guidance As Sales Rise - Retail Week

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Mar 28, 2024 · The sports giant posted a 3.6% increase in total sales to £10.5bn for the 53 weeks to February 3, 2024, while like-for-like and organic sales growth were up 4.2% and 8.4% …

retail-week.com

FAQs about JD Sports cuts profit outlook as full price strategy ‘hampers sales’ Coupon?

Why has JD Sports lowered its profit outlook?

JD Sports has lowered its profit outlook for the year after flagging a challenging fashion market that saw rivals push through heavy discounting in the run-up to Christmas. The UK sports retailer said revenues over November and December were 1.5% lower than the same period a year ago, when compared like-for-like. ...

Why did JD Sports cut annual profit guidance?

JD Sports has cut annual profit guidance for the second time in less than two months after facing tougher market conditions than expected over the crucial Christmas trading period. ...

Why is JD Sports' full year profit forecast below guidance?

Regis Schultz, JD Sports’ chief executive, said: “While I am pleased overall with our performance, market headwinds were higher than we anticipated and therefore our full year profit forecast is slightly below our previous guidance. “With these trading conditions expected to continue, we are taking a cautious view of the new financial year.” ...

Will JD Sports' yearly profits tip above £1 billion?

It had previously forecast that yearly profits could tip above the £1 billion mark. Regis Schultz, JD Sports’ chief executive, said: “While I am pleased overall with our performance, market headwinds were higher than we anticipated and therefore our full year profit forecast is slightly below our previous guidance. ...

Will JD Sports Fashion's annual profit come in at lower end?

British sportswear retailer JD Sports Fashion has warned today that annual profit would come in at the lower end of its guided range after a tough October of discounting, mild weather and consumer caution, sending its shares down 9%. ...

Why did JD Sports cut its full-year guidance?

JD Sports JD -0.35% said its revenue was boosted by strong Christmas sales, but it cut its full-year guidance citing challenging market conditions. The British sportswear fashion retailer said Tuesday that its organic revenue growth reached 3.4% in the nine weeks to Jan. 4, but it stood flat year-to-date. Copyright © 2025 Dow Jones & Company, Inc. ...