Business Live with Ian King: JD Sports shares plunge after profit warning
January 4, 2024
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25:51Now PlayingBusiness Live with Ian King: JD Sports shares plunge after profit warning
YouTube Description
as posted by the channelJoin Ian King and guests as JD Sports loses more than a fifth of its stock market value after the retailer downgraded its full-year profit forecast.
The sportswear retailer blamed factors including higher costs and weaker demand from "more cautious" shoppers for its revenue growth being lower than expected.
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