| JD Sports Fashion PLC (GB00BM8Q5M07) | |||
0,91 GBXStand (close): 03.07.25 |
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| Datum / Uhrzeit | Titel | Bewertung |
| 27.06.25 08:30:36 | JD Sports, Adidas, Puma shares leap on better-than-expected Nike results |  |
| Investing.com -- Shares in JD Sports Fashion (LON:JD) jumped more than 7% in London trading on Friday, lifted by optimism around Nike (NYSE:NKE), the British retailer’s key supplier, as the U.S. sportswear giant signaled progress in its turnaround plan. Nike offered a more upbeat outlook than expected, projecting a mid-single-digit decline in first-quarter revenue—better than the 7.3% drop forecast by analysts, according to LSEG data. High Yield Savings Offers Earn 4.10% APY** on balances of $5,000 or more View Offer Earn up to 4.00% APY with Savings Pods View Offer Earn up to 3.80% APY¹ & up to $300 Cash Bonus with Direct Deposit View Offer Powered by Money.com - Yahoo may earn commission from the links above. The company also beat estimates for its fourth-quarter sales, which fell 12% to $11.10 billion, compared with expectations of a 14.9% decline to $10.72 billion. Nike stock soared over 10% in premarket trading on Friday. Shares in German sportswear giants Adidas AG (ETR:ADSGN) and Puma SE (ETR:PUMG) also rose between 4% and 6% in Frankfurt. On a post-earnings call, Nike executives said U.S. President Donald Trump’s latest round of tariffs could raise the company’s costs by roughly $1 billion. China, which faces the steepest tariff hikes, currently makes up about 16% of Nike’s U.S. footwear imports, according to CFO Matthew Friend. However, Nike plans to reduce that to a “high single-digit percentage range” by the end of May 2026 by shifting production to other countries. Nike posted an 86% decline in quarterly profit to $211 million, mostly due to markdowns and inventory clearance. China remained a weak spot for Nike, with executives acknowledging that a recovery in the market will take time as the company faces a tougher economic environment and heightened competition. To address the added pressure from tariffs, Chief Financial Officer Matthew Friend said Nike will “evaluate” corporate cost reductions. The company has already implemented price hikes on select products in the U.S. “We will optimize our sourcing mix and allocate production differently across countries to mitigate the new cost headwind into the United States,” Friend told investors on the call. Inventory levels held steady year-over-year at $7.5 billion as of May 31, while marketing expenses rose 15% compared to the same period last year. Related articles JD Sports, Adidas, Puma shares leap on better-than-expected Nike results Toyota shares climb as sales reach another monthly record on U.S, Japan strength Pony AI stock surges after NYT reports Uber-Kalanick talks for acquisition View Comments |
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| 09.04.25 16:40:36 | Britain's JD Sports backs Nike strategy, says relationship good | |
| By James Davey LONDON (Reuters) - British sportswear retailer JD Sports, one of Nike's largest customers, said on Wednesday it felt "really good" about the direction of the brand and their relationship despite trading and tariff challenges. Shares in Nike, based in Beaverton, Oregon, have slumped 42% over the last year, initially due to weak trading in the face of intensifying competition and more recently the hit from U.S. President Donald Trump's imposition of new tariffs. Nike products account for about 45% of JD's sales. With almost 40% of JD's sales made in the U.S., the group is also exposed to the tariffs. JD's shares are down 45% over the past year. Despite these challenges, Mike Armstrong, JD's global managing director, gave a vote of confidence to Nike and its new CEO Elliott Hill's strategy to put the company back on track by refocusing its business on sport and selling more items at premium price. "We're very much early into Elliott's tenure in the business and we've no reason to suggest doing anything differently from what Elliott suggested," Armstrong told analysts and investors at a strategy presentation. "Generally, we feel really good about the direction the brand's headed, we're seeing green shoots in the men's business in Europe particularly which is really encouraging and we're working really closely with those guys to get it back on track in every market that we operate in," he said. Armstrong added that he was sure Nike and JD can get their partnership "back (to) full speed soon". Earlier on Wednesday, JD forecast little or no profit growth this year, even before any potential impact from U.S. tariffs, with the trading environment in its key markets expected to be "volatile". CEO Regis Schultz told analysts and investors the firm was still "digesting" the tariffs. "We are looking at it, it's a very serious matter, we are working on it," he said, adding the company could not yet provide guidance on their impact. (Reporting by James Davey, editing by Ed Osmond) View Comments |
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| 09.04.25 16:12:41 | FTSE 100 slides to new 13-month low as markets drop again | |
| Major European stocks returned to decline on Wednesday after the fresh wave of US tariffs kicked in. It came after a brief day of respite for financial markets on Tuesday, recouping some of their recent losses over hopes the US could strike some trade deals. However, London stocks were among those to sink back after trading restarted following the imposition of President Donald Trump’s tariff regime overnight. Pharmaceutical and mining stocks were particularly weak following the session. The FTSE 100 finished down by 2.92%, or 231.05 points, to close at 7,679.48 – its lowest since March 2024. Traders were particularly nervy during the session after the Chinese government raised their tariffs on all US goods to 84% amid the growing trade war between the nations. The Cac 40 ended 3.34% lower for the day and the Dax index was down 2.96%. Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: “Wednesday has turned into wipeout for equities as the trade war has taken on another twist of escalation. “The internationally-focused FTSE 100 has dived deeper into the red, with losses accelerating following the retaliatory action.” However, the situation was somewhat calmer in the US, where the Dow Jones and S&P opened slightly higher before teetering broadly flat after early trading. Meanwhile, sterling was slightly lower as long-term UK gilt yields rose to their highest level since 1998. The pound was down 0.06% at 1.276 US dollars and was down 0.69% at 1.156 euros when London’s markets closed.Shares in JD Sports rose on Wednesday following a trading update (Jonathan Brady/PA) In company news, JD Sports shares were firmly higher after the retail group after it held firm on profit guidance, reassuring investors who held concerns over its exposure to the US market. The London-listed firm, which has hundreds of stores in the US, nevertheless said that trading conditions are set to be “volatile” this year amid uncertainty over the impact of tariffs. JD Sports shares were up 9.5% at 69.18p at the close. Assura also made gains on Wednesday after the NHS landlord agreed to be taken over by a US private equity giant in a deal worth £1.61 billion, after becoming the target of a bidding war. The London-listed company will be bought by Kohlberg Kravis Roberts (KKR) and Stonepeak Partners. Shares closed 5.1% higher at 47.5p. Elsewhere, recruiter PageGroup was among the fallers after it reported “challenging trading conditions” and declined to give financial forecasts for the coming months because of uncertainty caused by Mr Trump’s tariffs. Shares in the firm were 2.4% lower at 250.6p as it said it would target £15 million in annual cost cuts to help support its finances. Story Continues The price of oil meanwhile slid to another three-year-low over concerns about the impact of frayed US-China trade relations. A barrel of Brent crude oil was down by 3.9% to 60.32 dollars (£47.21) as markets were closing in London. The biggest risers on the FTSE 100 were JD Sports, up 6.02p to 69.18p, Fresnillo, up 21p to 883p, Endeavour Mining, up 40p to 1,778p, 3i Group, up 55p to 3,600p, and Airtel Africa, up 2p to 149.7p. The biggest fallers on the FTSE 100 were AstraZeneca, down 707p to 9,667p, BP, down 21.3p to 332.95p, GSK, down 76.5p to 1,264p, Smith & Nephew, down 53.8p to 937.8p, and Persimmon, down 61p to 1,084.5p. View Comments |
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| 09.04.25 13:08:09 | JD Sports shares rise as profit forecast meets expectations despite headwinds | |
| Investing.com -- JD Sports Fashion PLC (LON:JD) shares jumped 7.8% on Wednesday after the sportswear retailer reported fourth quarter results in line with guidance and provided a steady profit outlook for the new fiscal year, despite challenging market conditions. The company posted organic revenue growth of 5.6% for the fourth quarter and 5.8% for the full year, slightly exceeding earlier projections. Like-for-like revenue growth was 0.3% for both periods, meeting the company’s forecast of broadly flat performance. The sports-fashion retailer said profit before tax and adjusting items for the 52 weeks ended February 1, 2025 is expected to be within its previously guided range of £915-935 million. For fiscal year 2026, JD Sports anticipates profit to align with current analyst consensus expectations, excluding potential impacts from proposed U.S. tariffs announced last week. "At this stage, the outcome of these developments is uncertain. We are in regular dialogue with our brand partners but it is too early to comment on the potential sector impact," the company said in a press release. JD Sports also said that it expects the trading environment in its key markets to be volatile throughout the year. RBC analysts have commented on the company’s prospects, stating, "We think that JD Sports should maintain its position as a preferred partner of major sportswear brands like Nike (NYSE:NKE) and Adidas AG (ETR:ADSGN), given its strong retailing skills and ability to appeal to a young sports fashion customer." The company ended the fiscal year with net cash before lease liabilities on its balance sheet. For FY26, JD Sports expects total revenue growth of about 14%, including a 10% boost from recent acquisitions and 4% from new store openings. However, it anticipates like-for-like revenues to be lower than FY25 levels. JD Sports plans to open approximately 150 new stores and convert or relocate about 100 existing locations in the coming year, while closing around 50 stores, mainly in Eastern Europe. The retailer also announced a £100 million share buyback program for the new fiscal year. Related articles Xi Resumes In-Person Summits Despite Covid Spike in Beijing Morgan Stanley Says HK Dollar Peg Will Stay, Rebutting Ackman Alvotech SA PT Lowered to $8 at Deutsche Bank View Comments |
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| 09.04.25 12:49:54 | JD Sports warns of ‘volatile’ trading amid new tariff rules | |
| JD Sports (JD.L) has warned that trading conditions are set to be “volatile” this year amid uncertainty over the impact of changes to US tariff rules. It came as the sportswear retailer said profits and sales were set to meet forecasts for the past year despite a “challenging” market. The company, which makes just under 40% of its revenues in US, held firm on targets for next year despite the start of President Donald Trump’s tariff regime. Shares in JD Sports are among those to have dropped over the past weeks due to its potential exposure to new tariff rules. It also sells a number of products, such as Nike (NKE) trainers, which are made in countries such as Vietnam that are facing particularly high levels of import taxes. Nevertheless, JD Sports stressed that it was too early to calculate what these will mean for its finances and longer-term performance. “We expect the trading environment in our key markets to be volatile throughout the year and we have started the year in line with our expectations,” the company told shareholders. “We note the proposed changes to tariffs announced last week. At this stage, the outcome of these developments is uncertain. “We are in regular dialogue with our brand partners but it is too early to comment on the potential sector impact.”US President Donald Trump announced new tariff plans last week (Niall Carson/PA) It came as the high street firm reported a slight increase in revenues for the last quarter, driven by its European business. The company said like-for-like revenues grew 0.3% in the 13 weeks to February 1, with organic revenue growth of 5.6%. Like-for-like revenues were also up 0.3% for the year to February. Meanwhile, JD Sports said it is set to have delivered a pre-tax profit of between £915 million and £935 million for the year, in line with previous targets. The firm also laid out plans to open another roughly 150 stores this year, complete around 100 store conversions or renovations, and close around 50 shops, mainly in eastern Europe. View Comments |
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| 09.04.25 12:02:38 | Britain's JD Sports flags little profit growth, before any tariff hit | |
| LONDON (Reuters) - British sportswear retailer JD Sports on Wednesday forecast little or no profit growth this year, even before any potential impact from U.S. tariffs, with the trading environment in its key markets expected to be "volatile". Shares in JD have lost over a third of their value so far this year on worries about consumer spending amid a downturn in demand for Nike products, which account for about 45% of JD's sales. With just under 40% of its sales made in the U.S., the group is also exposed to newly imposed U.S. tariffs. JD said the outcome of the tariffs "is uncertain". "We are in regular dialogue with our brand partners but it is too early to comment on the potential sector impact," it said. JD forecast a year to February 1 2025 profit before tax and adjusting items in line with its guidance in January of 915 million to 935 million pounds ($1.17-$1.20 billion). For the 2025/26 year it forecast an outcome in line with analysts' current consensus expectation of 920 million pounds. However, it flagged that its forecast excludes any potential impact from changes to tariffs. ($1 = 0.7803 pounds) (Reporting by James Davey; Editing by Sachin Ravikumar) View Comments |
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| 07.04.25 10:12:06 | Britain's JD Sports underperforms market rout on US exposure | |
| LONDON (Reuters) - Shares in British sportswear retailer JD Sports Fashion underperformed a stock market rout on Monday, reflecting both its heavy exposure to key partner Nike and U.S. tariffs. Ahead of a trading and strategy update scheduled for Wednesday, shares in JD Sports were down 6%, taking losses over the last month to over 18%. The FTSE 100 index of blue chip stocks was down 4% on fallout from U.S. President Donald Trump's tariff announcement last week. After last year's purchase of the Hibbett chain, just under 40% of JD Sports' global sales are made in the United States. Nike products account for about 45% of the group's sales. Last week, Trump hiked duties on imports from a wide range of countries, including 54% on goods imported from China and 46% on goods from Vietnam. JD Sports' exposure to U.S. tariffs is both direct and indirect. Its direct exposure to U.S. tariffs is on its own label products that are sold in the U.S., much of which is sourced from China. Analysts at PanmureLiberum estimate this to be about 4% of group sales. JD Sports also has indirect exposure, as the third party brands it sells in the U.S., including Nike, Adidas and On, are highly dependent on Vietnam and China. While the brands have worked hard to reduce their U.S. sourcing exposure to China, they now have the problem that Vietnam is also under high tariffs. "There is a good chance that the impact will be shared by the brands and the retailers like JD ... but it is definitely going to weigh on sector volumes," the PanmureLiberum analysts said. JD Sports had already warned on profit in January, after weaker trading in Britain and the U.S. and promotional activity at competitors hurt sales. Even before the tariffs, Nike warned last month of another quarter of sales decline. (Reporting by James Davey; Editing by Susan Fenton) View Comments |
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| 03.04.25 09:43:00 | Makers of Sporting-Goods Tumble After U.S. Tariffs on Key Manufacturers | |
| Shares in sporting-goods companies plunged after President Trump unveiled new U.S. tariffs on foreign imports that target countries where the industry has key manufacturing hubs. Stocks of German players Adidas and Puma dropped 10% and 8.9%, respectively, in European morning trading, while shares in U.K. retailer JD Sports fell 5.5%. The levies announced overnight are harsher than expected, especially for Southeast Asian countries with higher exposure to sporting goods, RBC Capital Markets analyst Piral Dadhania said in a note to clients. Continue Reading View Comments |
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| 27.03.25 06:07:55 | UK Stocks That May Be Trading Below Their Estimated Value | |
| The United Kingdom's stock market has recently faced challenges, with the FTSE 100 index experiencing declines due to weak trade data from China and its impact on global demand. In such an environment, identifying stocks that may be trading below their estimated value can offer potential opportunities for investors seeking resilience amidst broader market uncertainties. Top 10 Undervalued Stocks Based On Cash Flows In The United Kingdom Name Current Price Fair Value (Est) Discount (Est) QinetiQ Group (LSE:QQ.) £4.03 £7.72 47.8% On the Beach Group (LSE:OTB) £2.44 £4.67 47.7% Informa (LSE:INF) £8.038 £15.43 47.9% JD Sports Fashion (LSE:JD.) £0.7294 £1.44 49.2% AstraZeneca (LSE:AZN) £112.32 £219.16 48.8% Victrex (LSE:VCT) £9.35 £18.31 48.9% Xaar (LSE:XAR) £0.68 £1.34 49.3% TI Fluid Systems (LSE:TIFS) £1.974 £3.75 47.3% Vanquis Banking Group (LSE:VANQ) £0.595 £1.13 47.3% Crest Nicholson Holdings (LSE:CRST) £1.721 £3.21 46.4% Click here to see the full list of 54 stocks from our Undervalued UK Stocks Based On Cash Flows screener. Let's take a closer look at a couple of our picks from the screened companies. Foresight Group Holdings Overview: Foresight Group Holdings Limited is an infrastructure and private equity manager operating in the United Kingdom, Italy, Luxembourg, Ireland, Spain, and Australia with a market cap of £421.99 million. Operations: The company's revenue segments include Infrastructure at £87.79 million, Private Equity at £50.78 million, and Foresight Capital Management at £8.10 million. Estimated Discount To Fair Value: 35.8% Foresight Group Holdings is trading at £3.71, significantly below its estimated fair value of £5.78, representing a 35.8% discount. Earnings are forecast to grow by 27% annually over the next three years, outpacing the UK market's growth rate of 14%. Despite high-quality earnings being impacted by large one-off items, recent strategic moves like an increased buyback plan and new client appointments enhance its growth prospects and investment appeal in cash flow valuation terms. In light of our recent growth report, it seems possible that Foresight Group Holdings' financial performance will exceed current levels. Unlock comprehensive insights into our analysis of Foresight Group Holdings stock in this financial health report.LSE:FSG Discounted Cash Flow as at Mar 2025 Pinewood Technologies Group Overview: Pinewood Technologies Group PLC is a cloud-based dealer management software provider serving the automotive industry both in the United Kingdom and internationally, with a market cap of £280.95 million. Operations: The company's revenue is primarily generated from its software segment, amounting to £22.62 million. Story Continues Estimated Discount To Fair Value: 42.5% Pinewood Technologies Group is trading at £3.36, significantly below its estimated fair value of £5.84, offering a 42.5% discount. Earnings and revenue are projected to grow annually by 25.48% and 27.2%, respectively, surpassing UK market averages. Despite recent shareholder dilution from a £35.67 million equity offering, the company secured a major contract with Global Auto Holdings for its Automotive Intelligence platform, potentially boosting future cash flows and enhancing valuation metrics. Our growth report here indicates Pinewood Technologies Group may be poised for an improving outlook. Click here and access our complete balance sheet health report to understand the dynamics of Pinewood Technologies Group.LSE:PINE Discounted Cash Flow as at Mar 2025 QinetiQ Group Overview: QinetiQ Group plc is a science and engineering company serving the defense, security, and infrastructure sectors in the UK, US, Australia, and internationally with a market cap of £2.23 billion. Operations: The company's revenue is derived from two main segments: EMEA Services, contributing £1.48 billion, and Global Solutions, accounting for £495.40 million. Estimated Discount To Fair Value: 47.8% QinetiQ Group is trading at £4.03, well below its estimated fair value of £7.72, presenting a potential opportunity for investors focused on cash flow valuation. The company's earnings are forecast to grow significantly at 27.4% annually over the next three years, outpacing the UK market average of 14%. However, revenue growth is expected to be modest at 5% per year. Recent board changes include Dina Knight succeeding Susan Searle as Chair of the Remuneration Committee. The analysis detailed in our QinetiQ Group growth report hints at robust future financial performance. Click here to discover the nuances of QinetiQ Group with our detailed financial health report.LSE:QQ. Discounted Cash Flow as at Mar 2025 Make It Happen Get an in-depth perspective on all 54 Undervalued UK Stocks Based On Cash Flows by using our screener here. Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive. Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets. Interested In Other Possibilities? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include LSE:FSG LSE:PINE and LSE:QQ.. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com View Comments |
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| 27.03.25 00:01:00 | Shareholder activists target high street retail giants over low wages | |
| Shareholder activists are calling on retail giants to improve transparency over low wages in their workforces. Investor groups led by ShareAction, which campaigns for responsible investment, have put forward proposals to the boards of Next, M&S and JD Sports calling for more transparency on pay as the soaring cost of living continues to hit workers. These will be put to shareholder votes at the firms’ annual general meetings (AGMs) over the next few weeks. While not legally binding, support for shareholder resolutions can put pressure on business leaders to respond to the matters raised. The firms are being asked to share more information about how many of their staff are being paid below the “real living wage” – a voluntary benchmark that is independently calculated by the Living Wage Foundation based on the cost of living. For 2024/25, this wage is set at £12.60 per hour nationally and £13.85 per hour in London for those aged 21 and over. This compares to the legal minimum wage, which is currently £11.44 for the whole country including London and is set to go up to £12.21 from April. Catherine Howarth, chief executive at ShareAction, said: “The UK’s biggest retailers are failing to support their workers with a real living wage, leaving hundreds of thousands of people in the sector struggling to make ends meet.” She argued that companies paying below the voluntary benchmark put pressure on workers, their families and ultimately public health and welfare costs, which in turn harms UK economic growth. “The long-term orientated, responsible investors backing these resolutions are calling on companies across the retail sector, including Next, M&S and JD Sports, for the information required to assess the business risks of low pay and the affordability and business benefits of the real living wage,” she said. “This is a critical first step to better protect their staff and make our economy fairer and healthier.” The campaigners argue paying staff a living wage leads to business benefits such as increased productivity and reduced employee turnover. It comes as the Living Wage Foundation estimated almost a quarter of UK retail workers – 818,000 people – are not being paid a real living wage. ShareAction alongside other investor groups have been engaging with 11 leading retailers over the last year. They have chosen to file resolutions at JD Sports, Next and M&S, arguing none of them have committed to properly protecting all their workers from cost of living impacts by ensuring all, including third party contractors, are paid a real living wage. Story Continues The activists also said all three firms provide either little or no information to investors on their pay approach or working towards aligning wages with the voluntary benchmark. By co-filing the resolutions, they aim to drive up transparency around low pay as a first step to taking accountability and improving pay and conditions for low paid workers at the firms. While M&S has recently made a significant investment in its directly paid staff by paying them over the real living wage, the activists are calling on the retailer to match this commitment for its third-party contracted staff, such as security guards and cleaners.M&S said it is ‘committed to paying our colleagues well’ (PA) ShareAction argued while other supermarkets are able to provide robust information about the pay for their third-party contracted staff, M&S has not been able to share anywhere near a similar standard of disclosure in this area. Meanwhile, neither Next nor JD Sports have committed to paying their staff a real living wage, it said. JD Sports meets the legal minimum wage with no regional pay weighting to reflect differences in the cost of living in more expensive areas such as London, according to ShareAction. It added that Next pays its staff the minimum wage, with some regional pay weighting for London, though this does not accurately reflect the difference in the cost of living in the area. ShareAction also plans to engage with all UK retailers to establish a baseline across the sector for publicly sharing company practice and approaches to pay. The Next resolution is being supported by Axa Investment Managers, Cardano Group, Epworth Investment Management, Friends Provident Foundation, Greater Manchester Pension Fund, and Trust for London. The JD Sports resolution is being supported by Cardano Group, Friends Provident Foundation and Scottish Widows, and the M&S resolution is being supported by Scottish Widows and Friends Provident Foundation. An M&S spokesperson said the retailer is “committed to paying our colleagues well”, saying it has invested more than £285 million in its retail pay package since 2022 and increased the standard hourly rate by over 26%. “We pay the real living wage, with hourly pay rising to £12.60 nationally and £13.85 in London from April 1 – irrespective of age,” they said, adding that M&S offers “a market leading package of benefits”. They added: “We strongly believe that our third party contractors should also pay their employees fairly. We welcome open dialogue with all of our shareholders, including engagement with ShareAction.” A JD spokesperson said the firm has delivered its “highest-ever level of investment in our colleagues”, including £70 million into its workforce since 2023 and removing the age banding rates for thousands of workers under the age of 21. They added: “All JD UK retail colleagues are compensated above the national living wage for those aged 21 and above, alongside a comprehensive benefits package available from the first day of employment.” Next has been contacted for comment. View Comments |
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