- JD Sports reported an adjusted pretax profit of GBP351 million, down 14% from the previous year, and below the estimate of GBP364.2 million.
- The company’s pretax profit came in at GBP138 million, missing the estimate of GBP355.2 million.
- Adjusted operating profit was GBP369 million, an 8.2% decrease year-over-year, against an estimate of GBP431.3 million.
- An interim dividend per share remained the same at 0.33p as the previous year.
- Revenue increased by 18% year-over-year to GBP5.94 billion, surpassing the estimate of GBP5.89 billion.
- JD’s revenue accounted for GBP3.67 billion, while Complementary Concepts revenue more than doubled to GBP1.57 billion from GBP714.8 million year-over-year.
- Sporting Goods & Outdoor revenue was GBP699 million, a decrease of 1.6% compared to the previous year.
- Overall gross profit margin was slightly down to 48% from 48.6% year-over-year but above the estimate of 47.8%.
- JD’s gross profit margin was 49.3%, while Complementary Concepts and Sporting Goods & Outdoor margins were 46.8% and 44.2%, respectively.
- The company recorded an operating profit of GBP389 million.
- JD Sports expects its full-year 2026 pretax profit to align with current market expectations.
- A second £100 million share buyback program is scheduled to start soon.
- The company is cautious about the trading environment for the second half of the year but anticipates limited impact from US tariffs for the financial year.
- Market sentiment includes 9 buy ratings, 10 hold ratings, and no sell ratings on JD Sports shares.
A look at JD Sports Fashion Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
JD Sports Fashion PLC’s long-term outlook appears positive based on a combination of Smart Scores. With a high Growth score of 5, the company is expected to experience strong growth potential in the future. In addition, JD Sports Fashion also scores well in the areas of Resilience and Momentum, with scores of 3, indicating a solid ability to withstand economic challenges and maintain positive market momentum. Although not as high as Growth, the Value score of 3 suggests that the company is reasonably priced relative to its intrinsic value. However, the Dividend score of 2 indicates a lower likelihood of the company distributing profits to its shareholders in the form of dividends.
JD Sports Fashion PLC, a retail chain specializing in brand-name sports and leisurewear, serves customers in the United Kingdom. The company’s strong Growth score of 5 bodes well for its future expansion and profitability. With a solid Resilience score of 3, JD Sports Fashion demonstrates a capacity to navigate uncertain market conditions. Its Momentum score of 3 suggests that the company is gaining positive traction in the market. While JD Sports Fashion offers value with a score of 3, its lower Dividend score of 2 indicates a focus on reinvesting profits for future growth rather than immediate returns to shareholders.
Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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