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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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JD Sports Fashion - Chairman acquires 30,000 shares at 352p

August 2017

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • JD.
  • Price:
  • 348p
JD announced that due to “year on year calendar differences”, notably the date on which the  festival of Eid occurs ( forcing an adjustment in the timing of its clearance sale), it will not provide like-for-like sales figures because they won’t be meaningful. However, it says growth is in line with management expectations.It has continued to expand the store estate across the UK and overseas with a net increase of 28 stores (88,000 sq ft.) including two openings each in Australia and Malaysia.While it’s faced some margin pressure in achieving this sales growth, it’s on track to deliver in line with expectations.The first bump in the road after such an impressive run has unsettled t ...

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