JD Sports JD1.35%increase; green up pointing triangle shares hit a near four-year low after the British company cut its full-year profit guidance blaming challenging market conditions. Shares in ...

Credit: Shutterstock. For the nine weeks to 4 January 2025 JD Sports’ like-for-like (LFL) revenue was down 1.5% with the brand citing a challenging and volatile market that saw increased promotional ...

In an environment where competitors are discounting heavily to entice cash-strapped shoppers, JD Sports has “never” been a brand to engage in lots of promotions, said CEO Régis Schultz.

buying up brands and expanding into new markets. Analysts say that while this approach is risky at a time of weaker consumer sentiment, JD Sports should be well positioned when the economy improves.

The business said it now expects pre-tax profits of between £915 million and £935 million for the financial year to February, down from previous City expectations of around the £955 million mark.

New Balance and others alongside its own brands that include Hoodrich and Supply & Demand. JD Sports is named after its cofounders John Wardle and David Makin. They first established the business ...

She added: “While JD Sports has not called out any brand in particular, it is well understood that a significant amount of the company’s woes are related to Nike.” Sales for the US-based ...

Mamta Valechha, consumer discretionary analyst at Quilter Cheviot, said that “while JD Sports has not called out any brand in particular, it is well understood that a significant amount of the ...

Gallions Reach Shopping Park in Beckton announced Matalan and JD Sports will be opening new stores later this year. JD Sports will be relocating to a 13,500 sq ft store next to River Island. The new ...