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JD Sports Fashion - Brokers forecast eps growth of 51% in three years

March 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.

  • Epic Code:
  • JD.
  • Price:
  • 356p
Athleisure is expected to drive an 8% surge in sportswear sales in 2017 and analysts suggest increased focus on health and wellbeing, the influence of high profile fitness bloggers and Government upgrades to cycle routes (I’m suffering from the closure of the Chelsea embankment to this, Editor) are key factors in pump priming the trend further still.The subject of this article, JD Sports Fashion, owns over 1,000 sports clothing and footwear stores across the UK and Europe and is a key beneficiary of this trend, thanks to priceless supply deals with Nike and Adidas, giving it access to exclusive lines. Pretax profit has increased from just £14m in FY’05 to £157m in FY’16 while following a “reverse profit warning” on 16 January, whic ...

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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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