Latest news with #JDSportsFashionPlc
Fibre2Fashion
21-05-2025
- Business
- Fibre2Fashion
UK's JD Sports boosts sales to $15.34 bn in FY25, expands footprint
British retailer JD Sports Fashion Plc has reported revenue of £11,458 million (~$15.34 billion) for fiscal 2025 (FY25) ended February 1, reflecting 12 per cent year-over-year (YoY) growth at constant currency, driven by 5.8 per cent organic sales growth and 0.3 per cent like-for-like growth. The gross margin declined slightly to 47.8 per cent due to the acquisitions of lower-margin retailers Hibbett and Courir. The operating profit before adjusting items and lease interest remained stable at £937 million (~$1.26 billion), while profit before tax (PBT) and adjusting items dipped 4 per cent to £923 million, in line with January guidance. Statutory PBT declined 11.8 per cent to £715 million due to a £53 million increase in adjusting items. Adjusted basic earnings per share (EPS) stood at 12.39 pence, while basic EPS was 9.50 pence, down 3.3 per cent and 9.1 per cent respectively, JD Sports Fashion said in a press release. JD Sports Fashion Plc has reported revenue of £11,458 million (~$15.34 billion) in FY25, up 12 per cent YoY at constant currency, driven by strong store performance and key acquisitions. Operating profit remained stable, while statutory PBT fell 11.8 per cent. Europe and North America saw solid growth; the UK declined. The company added 1,533 stores, expanded franchises, and focused on profitability. The company generated £1.2 billion in operating cash flow net of lease repayments and ended the year with £52 million in net cash before lease liabilities. It spent £1.4 billion on the acquisitions of Hibbett and Courir, including debt repayments. Regionally, JD Sports recorded revenue growth across all markets except the United Kingdom, which experienced a decline of 4.1 per cent, primarily due to non-core business divestments made over the past two years. In contrast, revenue in Europe increased by 9.5 per cent YoY, supported by two months of Courir's contribution. North America delivered a strong performance with a 27 per cent surge in revenue. Meanwhile, the Asia Pacific region posted modest growth of 0.4 per cent, despite a reduction in revenue of approximately £30 million due to the exit of certain non-core businesses. Retail stores performed strongly, with revenue rising 15.7 per cent to £9,081 million, while online sales fell 2.9 per cent YoY, reflecting shifting consumer behaviour and a strategic focus on in-store investment. Stores contributed 79 per cent to revenue, online 20 per cent, and other segments like gym memberships 1 per cent. By category, footwear led with a 15.2 per cent increase in revenue to £6,819 million, followed by apparel at £3,550 million and accessories at £702 million. JD Sports ended the year with 4,850 stores globally, up by 1,533. The company opened 311 stores and closed 263, while 50 stores were rebranded to JD across the US and Europe. Strategically, JD Sports expanded its presence with new franchise partnerships in South Africa, Indonesia, and the Philippines. It advanced its global supply chain strategy, grew its JD Status membership to over 8 million, and earned recognition on the Carbon Disclosure Project's Climate A List, added the release. 'In April, we announced we were adapting our strategy to reflect slower anticipated market growth and an increased focus on profitability, leveraging the investments we have made to support our growth in the key markets of North America and Europe, delivering strong cash generation and improving returns to our shareholders,' said Regis Schultz, chief executive officer (CEO) at JD Sports Fashion Plc. 'We concluded two important acquisitions in our key strategic markets – Hibbett in the US and Courir in Europe – while we continued to invest in our infrastructure and controls environment.' Fibre2Fashion News Desk (SG)
Yahoo
29-04-2025
- Business
- Yahoo
JD Sports Fashion's (LON:JD.) earnings have declined over three years, contributing to shareholders 40% loss
As an investor its worth striving to ensure your overall portfolio beats the market average. But if you try your hand at stock picking, you risk returning less than the market. Unfortunately, that's been the case for longer term JD Sports Fashion Plc (LON:JD.) shareholders, since the share price is down 41% in the last three years, falling well short of the market return of around 15%. And the ride hasn't got any smoother in recent times over the last year, with the price 32% lower in that time. On the other hand, we note it's up 9.7% in about a month. The recent uptick of 5.2% could be a positive sign of things to come, so let's take a look at historical fundamentals. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. JD Sports Fashion saw its EPS decline at a compound rate of 7.3% per year, over the last three years. This reduction in EPS is slower than the 16% annual reduction in the share price. So it seems the market was too confident about the business, in the past. The less favorable sentiment is reflected in its current P/E ratio of 11.93. You can see below how EPS has changed over time (discover the exact values by clicking on the image). We like that insiders have been buying shares in the last twelve months. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. It might be well worthwhile taking a look at our free report on JD Sports Fashion's earnings, revenue and cash flow. While the broader market gained around 4.9% in the last year, JD Sports Fashion shareholders lost 32% (even including dividends). However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 4% over the last half decade. We realise that Baron Rothschild has said investors should "buy when there is blood on the streets", but we caution that investors should first be sure they are buying a high quality business. It's always interesting to track share price performance over the longer term. But to understand JD Sports Fashion better, we need to consider many other factors. For instance, we've identified 1 warning sign for JD Sports Fashion that you should be aware of. JD Sports Fashion is not the only stock that insiders are buying. For those who like to find lesser know companies this free list of growing companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
