JDSPY - JD Sports: Potential To Kick Up Massively In 2025
2025-01-07 07:00:00 ET
Summary
- JD Sports stock suffered a 40% plunge in 2024 following a profit warning and negative like-for-like sales, but underlying metrics remain solid with total sales and operating profit up.
- The company's ambitious but realistic targets to achieve 200 new stores annually, double-digit sales growth, and >10% operating margins by FY28, makes for a lucrative investment case.
- With an FPEG that's way below the sector average, JD Sports appears significantly undervalued given its growth trajectory, as tailwinds from rate cuts, consumer recovery, and operating efficiencies take hold.
*For all intents and purposes, figures are in GBP and in adjusted/underlying terms, unless stated otherwise. ...
JD Sports: Potential To Kick Up Massively In 2025