JD Sports Fashion PLC (LSE:JD., OTC:JDSPY) has been dealt another setback after Shore Capital cut its rating to 'hold', following a further slide in like-for-like sales and yet another trim to profit guidance.
The retailer cited a difficult macroeconomic and consumer environment as it enters the key festive business period.
JD Sports Fashion PLC (LSE:JD., OTC:JDSPY) has warned that profits this year would be at the lower end of expectations despite what it called a “solid” third quarter performance, as signs of weakening consumer confidence start to show in its key markets.
| Specialty Retail Industry | Consumer Discretionary Sector | Mr. Régis Andre Schultz CEO | OTC PINK Exchange | GB00BM8Q5M07 ISIN |
| GB Country | 79,717 Employees | 13 Jun 2025 Last Dividend | 30 Nov 2021 Last Split | - IPO Date |
JD Sports Fashion plc is a leading retailer specializing in the sale of branded sports fashion and outdoor clothing, footwear, accessories, and equipment. The company operates under two main segments: Sports Fashion and Outdoor, offering a wide variety of products for kids, women, and men. With a rich history dating back to its founding in 1981, JD Sports Fashion has expanded its footprint globally, operating in numerous countries across Europe, Asia, and beyond. Headquartered in Bury, the United Kingdom, the company has established itself as a dominant player in the retail industry, providing a diverse range of products under numerous renowned brands. As a subsidiary of Pentland Group Limited, JD Sports Fashion plc continues to grow and develop its presence both in physical stores and online, offering customers a comprehensive shopping experience.