JD Sports shares fell 7% on Friday after the sportswear seller just managed to hit the bottom end of its already-lowered profit guidance for the full-year 2024 and fell short of analysts expectations.
JD Sports Fashion PLC (LSE:JD.) brought in £10.54 billion worth of sales in the 2024 financial year, matching broker expectations leading up to the results.
JD Sports slightly delayed annual results are due tomorrow, with the retailer indicating they will be in line with the guidance of 28 March. That pointed to a profits range of £915-935m, which broker Shore Capital said was encouraging given the disappointment of the New Year trading warning.