- JD Sports forecasts its full-year headline pretax profit to range between £955 million and £1.04 billion.
- The company reported a third-quarter organic sales growth of 5.4% and a year-to-date organic sales growth of 6.1%.
- The gross margin in the third quarter increased by 0.3 percentage points, reaching 48.1%. The year-to-date gross margin is slightly higher at 48.2%.
- Like-for-like sales in the third quarter saw a decline of 0.3%, but the year-to-date like-for-like sales still achieved a modest growth of 0.5%.
- JD Sports has adjusted its guidance due to a volatile trading environment.
- Analyst recommendations for JD Sports include 10 buys, 2 holds, and 2 sells.
A look at JD Sports Fashion Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
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 PLC, a retailer specializing in sports and leisure wear, is poised for a promising long-term outlook based on its Smartkarma Smart Scores. With a solid overall score, JD Sports Fashion shows strength in key areas essential for sustained growth. The company’s strong focus on value, growth potential, and market momentum positions it well for future success. Although certain aspects like dividend and resilience scored lower, the company’s robust performance in other areas bodes well for investors looking at long-term prospects.
Overall, JD Sports Fashion PLC, known for its chain of retail stores offering brand-name sports and leisure wear, exhibits a positive outlook based on its Smartkarma Smart Scores. The company’s emphasis on delivering value to customers, coupled with a growing presence in the sports and leisure sector, showcases its potential for continued success. While facing some challenges in terms of dividend and resilience, JD Sports Fashion’s overall performance indicators, including growth and momentum, point towards a promising future in the competitive retail landscape.
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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