121.45p-0.05 (-0.04%)24 May 2024, 16:35
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Jd Sports Fashion PLC Shares News & Articles

Relief rally for JD Sports as retailer sidesteps another warning, profits approach £1 billion

Full year 2024 profits to meet downgraded guidanceSporting summer to boost sales£1 billion pre-tax profit milestone in sightRetailer JD Sports Fashion (JD.) has a spring in its step again, having damaged its hard-earned credibility with a surprise January profit warning pinned on a softer and more promotional Christmas trading season.Shares in the trainers, tracksuits and running tops seller rall

London makes afternoon recovery to close higher as investors poised for US inflation reading

Stock prices in London closed slightly higher on Wednesday, as investors continue to tread water ahead of a key US inflation reading on Friday.Amongst individual stocks, DS Smith rose on the back of takeover talks with International Paper. Diploma climbed, as shareholders were pleased with its £236 million acquisition.The FTSE 100 index closed up 1.02 points at 7,931.98. The FTSE 250 ended up 33.
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