Updates

JD Sports Fashion

June 2018

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.

The shares are back at the top of their range following full year results slightly better than expected with sales up 33% to £3.16bn and pretax profit rising 26% to £307.4m. Eps were 25.2p (2017: 19p). To put these into perspective, at the start of last year profit forecasts were for just £275m. Net cash is also ahead of expectations at £310m, up from £214m even despite capex rising by £100m to £187m.The core sports fashion side grew sales 26% to £2.7bn (like-for-like +8%) on the back of strong demand for athleisure and of course those hard to get trainers from Adidas and Nike. Online sales rose a stonking 30%! UK & ROI grew sales 14% to £1.8bn and profit 17% to ...

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JD Sports (December 2020)

JD Sports (October 2020)

JD Sports Fashion (March 2020)

JD Sports Fashion - Gain to date: 217% (August 2019)

JD Sports Fashion - Likely to gain promotion to FTSE-100 (June 2019)

JD Sports Fashion - Trading at upper end of forecasts (March 2019)

JD Sports Fashion - Beats forecasts again (November 2018)

JD Sports Fashion (August 2018)

JD Sports Fashion (May 2018)

JD Sports Fashion - Brokers forecast eps growth of 51% in three years (March 2018)

JD Sports (November 2017)

JD Sports Fashion - Chairman acquires 30,000 shares at 352p (August 2017)

JD Sports Fashion - Terrific 133% gain to date (June 2017)

JD Sports Fashion - To beat forecasts by up to 15%! (March 2017)

JD Sports (January 2017)

JD Sports Fashion - Shares hit new high of 1598p (November 2016)

JDâ€ˆSports Fashion - Price target lifted to 1420p (June 2016)

JD Sports Fashion - Investec upgrades forecasts by 10% (March 2016)

JD Sports (January 2016)

JD Sports Fashion - Sports retailer on track to beat low-ball forecasts (November 2015)

JD Sports - Shares hit Â£8 for first time (August 2010)

JD Sports (May 2010)

JD Sports (February 2010)

JD Sports (November 2009)

JD Sports - Gain since tip: 103% (June 2009)

JD Sports - Positive update triggers share breakout (March 2009)

JD Sports - Ridiculously low PE of 3.3 belies strong trading and large cash pile (February 2009)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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