Jd Sports Fashion Share Discussion Threads

[rampmeister] 11/2/2020 14:59

RNS well received with Footasylum purchase unlikely to go ahead. Many thought JD overpaying also hint of incestuous nature with this acquisition. Also gross profit now not less than current guidance can be interpreted as a further upgrade.

RM

[rampmeister] 13/1/2020 23:03

SP trying to register another ath. Could happen tomorrow.

RM

[martinc] 13/1/2020 18:16

Probably because people were buying and selling at different times of day? It's a feature of share prices...

[billbailey1] 13/1/2020 15:26

Erratic share price today anyone know why?

[ironstorm] 11/1/2020 21:51

Spreadsheets - many a profit warning caused by missing a cell and the extrapolating forward.

Microsoft have a lot to answer for ....

[rampmeister] 11/1/2020 18:48

Ironstorm perhaps JD could ask Joules how to help them with their spreadsheets :-)

RM

[bill hickman] 10/1/2020 21:26

Buystock still posting links to your twitter ramping handle smallcappick.

How many twitter ramping handles have you got buystock ?

[ironstorm] 10/1/2020 12:02

They should buy Joules.

They would sort out the supply chain issues. Joules has been a quality firm up to now.

[rampmeister] 10/1/2020 11:19

No smnicolson we will continue to see JD breaking new highs for some while yet. This company is the top performing uk retailer bar none. Doubters said they had taken over one company too many in Finish line. Also that UK retailers couldn’t hack it in the US. With US FY revenue likely to hit 1.5billion they are going to prove the doubters wrong... again.

RM

[bookbroker] 10/1/2020 09:04

Not worth £8bln.

[smnicolson] 10/1/2020 08:57

Large amount of sellers taking profits here. Where people expecting better news? Has the price peaked?

[hawaly] 10/1/2020 07:28

(Alliance News) - Sportswear firm JD Sports Fashion PLC on Friday reiterated its full-year guidance and "positive like-for-like trends" over the pivotal Christmas trading period, bucking gloom in the wider UK retail sector.

The FTSE 100 company said annual headline pretax profit, after removing the impact of IFRS 16, will fall in the "upper quartile" of market consensus range of GBP403 million and GBP433 million. This could represent a annual jump of as much as 27% from last year's pretax profit of GBP339.9 million.

IFRS 16 is an accounting rule governing the financial treatment of leases.

"Against a backdrop of widely reported retail challenges in the group's core UK market, it is encouraging to report positive like-for-like trends in the group's global sports fashion fascias, particularly overseas," the company said.

JD Sports added that its relevance is growing internationally and a number of its markets have different timings for their post-Christmas sale periods.

Aside from the UK, JD Sports also operates in mainland Europe, the US, Australia and South Korea.

"The ultimate outturn will reflect trading in these markets through the remainder of January."

In the first half of the financial year ending February 1, revenue in the company's US segment raced to GBP730.3 million from GBP180.0 million, with Europe, excluding the UK, seeing a 21% year-on-year boost to GBP727.0 from GBP601.9.

The company will reports its full-year results on April 15.

Shares in JD Sports closed 0.9% higher at 826.20 pence each in London on Thursday.

By Eric Cunha; [e-mail]

Copyright 2020 Alliance News Limited. All Rights Reserved.

[billbailey1] 09/1/2020 16:20

I reckon there is more chance of good things than bad

[prettygreen] 09/1/2020 15:52

Fingers crossed for tomorrow's trading update ?

[hawaly] 12/12/2019 16:05

Exit Polls 2200 GLA 🙄



"a man walks into a bar, and notices a steak hanging from the ceiling. when he asks the bartender about it, the bartender says “If you can jump up and hit it, drinks are on the house for the night, but if you miss, everyone’s drinks are on your tab for the next two hours. Do you want to try?” the man decided not to take the risk. he thought the steaks where too high." 😄

[steeplejack] 12/12/2019 09:15

Apologies soundmanshane,you are right the stake is 55% and Pentland are committed to not dropping under 50%.In my defence I can't understand why the RNS 28th Nov states that the holding fell to 51%.

[steeplejack] 11/12/2019 17:32

No,they have a stake of around 48.5%.The RNS on the 28 Nov confirms that the holding fell to 51% following the sale of some 6.5% .

[martinc] 11/12/2019 16:46

Pentland's stake is worth at least ten times what it was a few years ago. They'd be crazy not to diversify I'd have thought. But there's always that worry that they know something.

[alex1621] 11/12/2019 14:52

Steak? Sounds tasty!

[rafieh] 11/12/2019 13:46

I've heard Investment gurus saying: when IIs are selling, PIs should consider buying.The biggest CDM shareholder sold 40% of Codemasters shares in two lots: 220p and 205p. Less than 3 moylater the share price stands at 250p!

[rafieh] 11/12/2019 13:19

Institutions do sell from time to time too, and because they have large holdings, the best time to sell is when the company is doing well. They call it selling into strength.