JD Sports Fashion Shows No Clear Momentum Shift -- Market Talk

Dow Jones
Yesterday

0820 GMT - JD Sports Fashion's second-quarter results showed no clear turnaround in business momentum and a mixed performance, Barclays analysts Richard Taylor and Sharanya Gajapathy write in a note. Like-for-like sales were weak but some uplift might have come from more competitive online pricing, although at the expense of gross margins, they add. The London-listed sneaker and fashion retailer's confirmed guidance for fiscal 2026 still excludes the impact of U.S. tariffs, they say. Barclays forecasts adjusted pretax profit of 853 million pounds, near the lower end of the company-compiled consensus range. Shares are up 4.2% at 97.98 pence. (najat.kantouar@wsj.com)

 

(END) Dow Jones Newswires

August 27, 2025 04:20 ET (08:20 GMT)

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