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JD Sports Fashion PLC (JD.)

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PinkDalek
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JD Sports Fashion PLC (JD.)

#259876

Postby PinkDalek » October 24th, 2019, 2:48 pm

Released at 2:13pm

Competition and Mkts
Merger Update: JD/Footasylum
RNS Number : 0629R
Competition and Markets Authority
24 October 2019

Announcement of publication of the text of the CMA's Decision.

The CMA has published the text of its decision on the completed acquisition by JD Sports Fashion plc of Footasylum plc. The CMA has decided to refer the merger to Phase II on 1 October 2019. This decision can be found on the Competition and Market Authority's website at https://www.gov.uk/cma-cases/jd-sports-fashion-plc-footasylum-plc-merger-inquiry


From https://www.investegate.co.uk/competition-and-mkts/rns/merger-update--jd-footasylum/201910241413390629R/

PinkDalek
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Re: JD Sports Fashion PLC (JD.)

#375795

Postby PinkDalek » January 11th, 2021, 11:06 am

RNS Number : 1548L JD Sports Fashion Plc 11 January 2021 Trading Update
https://www.londonstockexchange.com/news-article/JD./trading-update/14820836

I particularly enjoyed reading the somewhat conservatively written Under normal circumstances, we would be confident that the results for the forthcoming year to 29 January 2022 would show a strong improvement on the current year ... our current best estimate is that the Group headline profit before tax for the full year to 29 January 2022 will be 5% to 10% ahead of the current year., in addition to the preceding paragraphs.

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Re: JD Sports Fashion PLC (JD.)

#638047

Postby idpickering » January 4th, 2024, 7:54 am

Trading Update

D Sports Fashion Plc (the 'Group'), the leading retailer of sports, fashion and outdoor brands, today announces its peak season trading update.

For the 22 weeks to 30 December 2023, constant currency organic revenue growth was 6.0% with like-for-like growth of 1.8%. This was slightly behind our expectations. Apparel revenue growth was impacted by milder weather from the second half of September, while the peak trading season, across the market, was softer and more promotional than we anticipated, reflecting more cautious consumer spending. We expect full year organic revenue growth to be c.8%.

The gross margin rate for the period is in line with last year. This is lower than our expectations due to the elevated level of promotional activity during the peak trading period and therefore we now anticipate the full-year gross margin rate will be slightly lower than last year. FY24 will also be impacted by a reclassification of certain capital expenditures into operating expenses, expected to be £7m, and lower interest income of £8m following the ISRG NCI acquisition, as well as the previously announced dual running infrastructure costs.

Therefore, in terms of the full year ending 3 February 2024, we now estimate profit before tax and adjusted items will be between £915m and £935m.


https://www.investegate.co.uk/announcem ... te/7974024

Ian (No holding).


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