- Pretax Profit Exceeds Expectations: JD Sports reported a pretax profit of £405.6 million, surpassing the estimate of £398.4 million.
- Revenue Slightly Below Estimates: The company achieved revenue of £5.03 billion, slightly lower than the estimated £5.07 billion.
- Higher Gross Profit Margin: JD Sports’ gross profit margin was 48.2%, marginally beating the estimate of 48.1%.
- Operating Profit Outperformance: Operating profit came in at £451.1 million, higher than the estimated £424 million.
- Increased Interim Dividend: The interim dividend per share increased to 0.33p from 0.30p year-over-year.
- 2025 Forecast: The company maintains its 2025 pretax profit forecast in the range of £955 million to £1.04 billion, aligning with the estimate of £981.4 million.
- Foreign Exchange Impacts: Foreign exchange fluctuations reduced pretax profit and adjusting items by £6 million in H1, with an expected £20 million impact in H2.
- Contribution from Hibbett: Hibbett is expected to contribute approximately £25 million in profit before tax and adjusting items for the full year.
- Market Ratings: The market sentiment includes 10 buy ratings, 2 hold ratings, and 2 sell ratings.
A look at JD Sports Fashion Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
JD Sports Fashion, a leading retailer of sports and leisure wear in the UK, is positioned for long-term success according to the Smartkarma Smart Scores analysis. With impressive scores in Growth and Momentum, the company shows strong potential for expansion and market performance. Their focus on staying ahead in trends and keeping up with consumer demand sets them up for continued growth in the future.
While JD Sports Fashion scores moderately in aspects like Value and Dividend, its excellent scores in Momentum indicate a high level of investor interest and confidence in the company’s future performance. Additionally, the company’s resilience score suggests its ability to withstand market fluctuations. Overall, JD Sports Fashion is poised to thrive in the long term, driven by its growth prospects and solid market momentum.
Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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