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Jd Sports cuts profit Outlook
JD Sports cuts yearly profit outlook after rivals apply festive discounts
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.Shares in the company dropped by about a 10th on Tuesday morning following the update.
JD Sports lowers profit outlook for year as it faces challenging market
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.
JD Sports Fashion falls Tuesday, underperforms market
Shares of JD Sports Fashion PLC JD slid 6.36% to 90.18 British pence Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the FTSE 100 Index UKX falling 0.28% to 8,
JD Sports Shares Sink to Four-Year Lows After Guidance Cut
The sportswear fashion retailer said higher sales over the festive period boosted revenue, but cited challenging market conditions for cutting its full-year guidance.
UK's JD Sports warns on profit in 'challenging' market
British sportswear retailer JD Sports Fashion downgraded its profit forecast after weaker trading in Britain and the United States and promotional activity at competitors hurt sales, and it warned the outlook was "cautious".
Market Talk Roundup: JD Sports Faces Selloff After Another Guidance Cut
JD Sports said its organic revenue growth reached 3.4% in the nine weeks to Jan. 4, boosted by strong Christmas sales, but stood flat year-to-date. The British sportswear fashion retailer cut its guidance for adjusted pre-tax profit--the company's preferred metric,
JD Sports downgrades annual profit forecast amid ‘challenging’ market
Sportswear chain JD Sports warned that annual profit would come in behind its previous forecast amid a “challenging” market, sending the shares down 10 per cent. The company, which has 4,558 stores globally,
JD Sports Lowers Guidance Citing Waning Athleisure Demand
JD Sports Fashion Plc lowered its guidance for this fiscal year as demand for its athletic clothing in key markets weakened.
JD Sports cuts profit forecast amid market challenges, shares drop
British sports-fashion retail company JD Sports (OTCPK:JDSPY) on Tuesday cut its profit forecast, citing intense competition and a volatile market. U.K.-listed shares of the sportswear retailer were down 9.
1d
Trending tickers: Nvidia, Trump Media, Moderna, Ocado and JD Sports
Electric carmaker Tesla ( TSLA) was another stock that rose on Monday ahead of Trump's return to the White House, closing the ...
Footwear News on MSN
14h
JD Sports Says Increased Promotional Activity Across Market Hurt Holiday Sales
JD Sports is lowering its guidance for the year despite a "strong Christmas" selling season. According to the UK-based ...
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