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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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JD Sports Fashion

May 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:
  • 345p
With the ink barely dry on its Sports Zone acquisition, JD has again splashed out big with the purchase for US$558m (£396m) of the Finish Line, one of the largest retailers of premium multi-branded athletic footwear, apparel and accessories in the USA.Finish Line trades from 556 branded retail stores across 44 US states and Puerto Rico as well as a multi-channel offering. It also operates 375 branded and 188 unbranded concessions within Macy’s stores. Finish Line, which is quoted on Nasdaq, is well established, generating revenues of US$1.84 billion (£1.3bn) and pretax profit of US$54m (£38m) in the year ended 3rd March. The acquisition is expected to complete no earlier than June 2018 and will make a small ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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