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JD Sports Fashion PLC (JD.L)

JD.L on London Stock Exchange

391.20GBp
8:26am EDT
Change (% chg)

-4.40 (-1.11%)
Prev Close
395.60
Open
394.30
Day's High
403.10
Day's Low
380.50
Volume
881,196
Avg. Vol
1,556,185
52-wk High
539.40
52-wk Low
311.46

Latest Key Developments (Source: Significant Developments)

JD Sports Posts HY Pre-tax Profit 121.9 Mln Pounds Vs 102.7 Mln Pounds
Tuesday, 11 Sep 2018 02:01am EDT 

Sept 11 (Reuters) - JD Sports Fashion Plc ::HALF-YEAR REPORT.SALES TO DATE IN SECOND HALF HAVE CONTINUED AT SIMILAR LEVELS TO THOSE IN FIRST HALF.HY REVENUE 1,846.3 MILLION POUNDS VERSUS 1,367.2 MILLION POUNDS.HY PROFIT BEFORE TAX 121.9 MILLION POUNDS VERSUS 102.7 MILLION POUNDS.PROFITABILITY IN UK AND IRELAND SPORTS FASCIAS HAS BEEN FURTHER ENHANCED.INCREASE IN HY OPERATING PROFIT INCLUDES CONTRIBUTION OF £4.8 MILLION FROM FINISH LINE IN SEVEN WEEK PERIOD POST ACQUISITION.REMAIN CONFIDENT TO DELIVER OUTTURN IN LINE WITH MARKET EXPECTATIONS INCLUDES PART YEAR FROM FINISH LINE, RANGE FROM £337 MILLION-£345 MILLION.POSITIONED TO DELIVER OUTTURN IN LINE WITH CURRENT MARKET EXPECTATIONS WHICH RANGE FROM £337 MILLION TO £345 MILLION.OUTDOOR FASCIAS HAVE HAD A DIFFICULT FIRST HALF OVERALL.TOTAL LIKE FOR LIKE SALES GROWTH OF MORE THAN 3 PCT IN HY.WILL USE CASH RESOURCES AND NEW SYNDICATED BANK FACILITY TO MAKE SELECTED ACQUISITIONS AND INVESTMENTS.CURRENTLY EXPECT CAPITAL EXPENDITURE FOR FULL YEAR TO BE APPROXIMATELY £185 MILLION.  Full Article

European Commission clears JD Sports Fashion, Sport Zone acquisition
Thursday, 1 Feb 2018 02:11am EST 

Feb 1 (Reuters) - Jd Sports Fashion Plc ::‍FURTHER TO ANNOUNCEMENT MADE ON 14 SEPTEMBER 2017, JD SPORTS FASHION PLC ('JD') ANNOUNCES THAT IT HAS RECEIVED UNCONDITIONAL CLEARANCE FROM EUROPEAN COMMISSION FOR COMBINATION OF ITS EXISTING INTERESTS ACROSS IBERIA WITH THOSE OF SPORT ZONE IN PORTUGAL, SPAIN AND CANARY ISLANDS​.‍"WE ARE DELIGHTED THAT THIS TRANSACTION, WHICH GIVES US A SIGNIFICANTLY ENHANCED PRESENCE ACROSS IBERIA, HAS NOW FORMALLY COMPLETED," EXECUTIVE CHAIRMAN OF JD SPORTS, PETER COWGILL, SAID. ​.  Full Article

JD Sports Fashion Says Confident That FY Pretax Profit Will Reach 300 Mln Stg
Tuesday, 16 Jan 2018 02:19am EST 

Jan 16 (Reuters) - Jd Sports Fashion Plc ::JD SPORTS FASHION - ‍POSITIVE LEVELS OF PERFORMANCE ANNOUNCED IN INTERIM RESULTS STATEMENT HAVE CONTINUED THROUGH SECOND HALF, INCLUDING KEY CHRISTMAS PERIOD​.JD SPORTS - ‍LIKE FOR LIKE STORE SALES IN H2 TO DATE ACROSS GROUP'S COMBINED SPORTS AND OUTDOOR FASCIAS, INCLUDING THOSE IN EUROPE, HAVE BEEN MAINTAINED ABOUT 3%​.‍CONFIDENT THAT HEADLINE GROUP PROFIT BEFORE TAX FOR YEAR ENDED 3 FEBRUARY 2018 WILL REACH AROUND £300M​.  Full Article

JD Sports founder set to float Footasylum - Sky News
Thursday, 5 Oct 2017 09:03am EDT 

Oct 5 (Reuters) - :JD Sports founder set to float Footasylum; expected to be valued at about 150 million stg before money raised through listing - Sky News, citing sources.  Full Article

Sonae and JD Sports agree to combine JD Sprinter and Sport Zone
Thursday, 14 Sep 2017 02:13am EDT 

Sept 14 (Reuters) - SONAE SGPS SA ::SAYS SUCCESSFULLY REACHES AGREEMENT FOR COMBINATION OF JD SPRINTER AND SPORT ZONE UPON MOU ANNOUNCED IN MARCH.  Full Article

JD Sports says H1 pretax profit up at 102.7 mln stg
Tuesday, 12 Sep 2017 02:00am EDT 

Sept 12 (Reuters) - Jd Sports Fashion Plc ::H1 PRETAX PROFIT 102.7 MILLION STG.H1 REVENUE ROSE 41 PERCENT TO 1.367 BILLION STG.HY REVENUE AT 1,367.2 MILLION STG VERSUS 970.6 MILLION STG YEAR AGO.HY PRETAX PROFIT AT 102.7 MILLION STG VERSUS 77.4 MILLION STG YEAR AGO.HY OPERATING PROFIT AT 103.3 MILLION STG VERSUS 77.6 MILLION STG YEAR AGO.INTERIM DIVIDEND OF 0.26 PENCE.JD SPORTS FASHION PLC - EXPECT YEAR END OUTTURN TO BE TOWARDS UPPER END OF MARKET EXPECTATIONS, WHICH CURRENTLY RANGE FROM ABOUT £268 MILLION TO £290 MILLION.JD SPORTS FASHION PLC - CAPITAL EXPENDITURE GUIDANCE FOR YEAR IS NOW RAISED TO £160 MILLION.  Full Article

JD Sports says on track to hit full-year targets
Thursday, 29 Jun 2017 02:00am EDT 

June 29 (Reuters) - JD Sports Fashion Plc :Do not believe our like-for-like store sales comparatives will be truly meaningful until end of first half.Growth to date in group like-for-like store sales in line with our expectations.Have faced some anticipated margin pressure in achieving sales growth.Group is currently on track to deliver a result for full year in line with market expectations.  Full Article

Competition watchdog decides not to investigate JD Sports' purchase of Go Outdoors
Thursday, 18 May 2017 02:21am EDT 

May 18 (Reuters) - :Cma has decided, on information currently available to it, not to refer following merger to a phase 2 investigation under provisions of enterprise act 2002.Cma decides not to refer completed acquisition by jd sports fashion plc of go outdoors topco limited.  Full Article

JD Sports says CMA clears Go Outdoors deal
Thursday, 18 May 2017 02:12am EDT 

May 18 (Reuters) - JD Sports Fashion Plc ::Acquisition of go outdoors topco limited given unconditional approval by UK's CMA and that CMA's investigation is now complete.  Full Article

JD Sports Fashion says full-year pretax profit up 81 pct
Tuesday, 11 Apr 2017 02:11am EDT 

JD Sports Fashion Plc : Fy revenue rose 31 percent to 2.379 billion stg . Fy pretax profit rose 81 percent to 238.4 million stg . Final dividend up 4.8 percent to 1.3 penceper share . Total dividend 1.55 penceper share . Fy record result with headline profit before tax and exceptional items of £244.8 million (2016: £157.1 million) . European development accelerated with a net increase of 54 stores (2016: 38 stores) for jd fascia across europe. . Fy profit before tax increasing by 81 pct to £238.4 million (2016: £131.6 million). . Further two stores in malaysia opened in year with a further store opened in new financial year. . European development accelerated with a net increase of 54 stores (2016: 38 stores) for jd fascia across europe . Period end net cash of £213.6 million (2016: £209.4 million) . Fy total capital expenditure of £88.0 million (2016: £83.5 million) . Fy total capital expenditure of £88.0 million (2016: £83.5 million) which is expected to increase further in new financial year . Like for like store sales for 52 week period across all group fascias, including those in europe, increased by a further 10 pct . Total gross margin in year of 48.9 pct was slightly ahead of prior year (2016: 48.5 pct) . Whilst we must recognise that there are external influences which may impact latter part of year, notably inflationary pressures arising from brexit.  Full Article

BUZZ-JD Sports: Finish Line acquisition "a step too far" - MS

** Shares in leisure-wear retailer JD Sports Fashion -5.6 pct, 2nd biggest faller on the FTSE Mid cap index, after Morgan Stanley starts with "underweight"