The trainers-to-tracksuits seller has seen an ‘encouraging’ performance since reopening stores, though management remain cautious
Thursday 10 Sep 2020 Author: James Crux
The outlook for athleisure demand looks stronger than many people might have expected, given how JD Sports Fashion’s ( JD. ) new full-year earnings guidance is 56% higher than the analyst consensus forecast. Shares in the retailer jumped nearly 7% to 772.7p on 8 September after the company said its current financial year should deliver at least £265 million pre-tax profit. Ahead of that new guidance, analysts were expecting...