|Bid||142.55 x 0|
|Ask||142.65 x 0|
|Day's range||141.56 - 145.20|
|52-week range||88.40 - 213.12|
|Beta (5Y monthly)||1.62|
|PE ratio (TTM)||35.63|
|Earnings date||21 Sept 2023|
|Forward dividend & yield||0.01 (0.67%)|
|Ex-dividend date||07 Dec 2023|
|1y target est||212.31|
Jon Smith runs through the latest JD Sports Fashion results and explains why the outlook could help to materially boost the share price. The post Why the JD Sports share price could accelerate to 200p appeared first on The Motley Fool UK.
Tech grocery businesses take a bath, JD Sports investors cheer and an Arm stock question mark.
British sportswear retailer JD Sports Fashion said it was on track to post higher annual profit as demand for Nike Air Force One and Adidas Gazelle and Samba footwear pushed up first-half underlying sales, lifting the company's shares 7.5%. The group, already the UK's biggest sportswear retailer and with an expanding presence in North America and Europe, said group underlying sales rose 12% in the period, driven by European growth of 27% and North American growth of 15%. JD highlighted its strong relationship with Nike, Adidas and other brands like New Balance, which gives it sometimes unique and early access to certain products, helping it outperform rivals.