Updates

JD Sports

October 2020

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 have made a strong recovery above £7 after JD’s results revealed no negative surprises. For the year ended 1 February underlying profit was 6% above forecasts, rising 30% to £465m on sales that increased 30% to £6.1bn. Eps increased 28% to 36.4p. Like-for-like sales excluding the US acquisition, The Finish Line, rose 8% with all regions enjoying growth. In the US, The Finish Line made a first time profit contribution of £94.2m, aided by a 10% jump in underlying sales. The only blight was the Outdoor business, which fell to a loss of £23m and this chain of 65 stores has now been put into administration. The attempt to buy Footasylum for £86m is also being reviewed by the competition aut ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Boohoo Group - Online fashion retailer sees sales soar during lockdown

Scapa - Revenues ahead of plan

JD Sports (December 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 (June 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.

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