II Editor
31 Jul 2015
NEW ARTICLE: JD Sports rides upgrade cycle "Like England cricket exile Kevin Pietersen, high street sports fashion chain LSE:JD.:JD Sports loves talking about itself. It announced record full-year results mid-April, then flagged a strong start to the new year just last month. Now, in an ..."[link]
malj1
31 Jul 2015
Re: profit warning That's my kind of profit warning - to materially exceed consensus pbt by min. +10%
II Editor
15 Apr 2015
NEW ARTICLE: Undervalued JD Sports is a proven winner "There is little doubt tracksuits and trainers chain LSE:JD.:JD Sports had a cracking year. Sales rose by a quarter and profit jumped by over a fifth to a new record, smashing City forecasts in the process. Bosses are confident of further growth ..."[link]
Cashman103
15 Apr 2015
Final Results [link]
II Editor
16 Jan 2015
NEW ARTICLE: JD Sports shares going cheap "High street sportswear chain LSE:JD.:JD Sports Fashion had a great Christmas. With stockings full of tracksuits and trainers, like-for-like sales surged by 12% in the five weeks to 3 January. A record first-half was already in the bag and ..."[link]
Cashman103
27 Nov 2014
Bank Disposal Good to see they are reducing fashion. Maybe the gyms are going to more than make up for the failure of Banks. Fashion has been a drag on the share price for years.25 November 2014JD SPORTS FASHION GROUP PLCANNOUNCEMENT OF SALE OF BANK FASHION LIMITEDJD Sports Fashion Plc (the 'Group'), the leading retailer of branded sportswear, fashionwear and outdoor clothing and equipment, today announces the disposal of Bank Fashion Limited to a subsidiary of Hilco Capital Limited which should result in a substantial recovery of its intercompany loan, the exact quantification of which will be confirmed by completion accounts in due course. Bank Fashion Limited recorded a loss after exceptionals and before tax of £8.1 million in the year ended 1 February 2014 and had gross assets of £51.7 million at that date. The overall Group net assets writedown as a result of the sale will not be material to the Group net assets position.The remainder of the Group's businesses have continued to trade in line with our expectations during the second half of our financial year and subject to a satisfactory performance against strong comparatives in the key Christmas trading period the Group remains well positioned. We will provide a further trading update in January.Peter Cowgill, Executive Chairman, said:"We have decided that we must prioritise future investment in the Sports fascias and consequently we believe that the sale of Bank is in the best interests of the Group. We shall continue to support the broadest possible range of fashion brands within the Group."
