JD Sports downgrades profit forecast after rivals hit sales with ...

4 days ago · JD Sports has downgraded its profit forecast for the year, citing a challenging fashion market that saw competitors offering heavy discounts in the lead-up to Christmas. The …

5%
OFF

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

1 week from now

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 year ago.

msn.com

5%
OFF

JD Sports Cuts Profit Outlook As Full Price Strategy ‘hampers Sales’

1 week from now

3 days ago · For the nine weeks to 4 January 2025 JD Sports' like-for-like (LFL) revenue was down 1.5% with the brand citing a challenging and volatile market that saw increased …

yahoo.com

5%
OFF

JD Sports Lowers Full Year Profit Forecast | Retail Bulletin

1 week from now

3 days ago · JD Sports has cut its full year profit forecast following a 1.5% drop in like-for-like revenue in November and December. Organic revenue growth in the period was 3.4%. In a …

theretailbulletin.com

£1
OFF

JD Sports Out Of The Race To £1bn Profit After Another Downgrade

1 week from now

3 days ago · 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. …

thisismoney.co.uk

14%
OFF

JD Sports Shares Slump 14% After Profit Warning | BoF - The …

1 week from now

Nov 21, 2024 · Mild weather and aggressive discounting by competitors led to disappointing sales at JD Sports in October, with profits expected to be at the lower end of forecasts. ... JD Sports …

businessoffashion.com

5%
OFF

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

1 week from now

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

FAQs about JD Sports downgrades profit forecast after rivals hit sales with ... Coupon?

Why did JD Sports downgrade its profit forecast?

JD Sports has downgraded its profit forecast for the year, citing a challenging fashion market that saw competitors offering heavy discounts in the lead-up to Christmas. The company's shares fell by roughly 10% on Tuesday morning following the announcement. ...

Why did JD Sports stock fall 20%?

Shares in JD Sports have plummeted by more than 20% after the sportswear seller issued an profit warning. The company said its profits would be about £125m lower than previously predicted after a worse-than-expected festive trading period. ...

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. ...

Does JD Sports have a new year profit guidance?

Adds CEO quote in paragraph 3, new year profit guidance in paragraph 7 LONDON, March 28 (Reuters) - British sportswear retailer JD Sports JD.L said trading conditions remained challenging a fterits like-for-like sales dropped in January, resulting i nfourth-quarter growth of just 0.1 %. ...

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 did JD Sports warn of lower sales in the first half?

Nike, one of JD Sport's biggest brands, warned last week of lower sales in its first half as it battles newer brands. JD Sports said trading since its year-end had been in line with its expectations, and its initial guidance for pretax profit for the year ahead was between 900 million and 980 million pounds. ...