financetom
Business
financetom
/
Business
/
Boss of Britain's JD Sports declines comment on recent bid speculation
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Boss of Britain's JD Sports declines comment on recent bid speculation
Aug 22, 2024 11:20 PM

LONDON, Aug 22 (Reuters) - The chief executive of

British sportswear retailer JD Sports Fashion said he had

"no comment on rumours" when asked by Reuters about recent bid

speculation in the group.

"If we had something (to say) we would have said," Regis

Schultz told reporters on Thursday after JD Sports updated on

second quarter trading.

Shares in JD Sports have slumped 23% this year, reflecting a

January profit warning and the underperformance of Nike ( NKE ),

its most important brand. Market sources in early August had

said there were reports of a potential strategic buyer being

interested in JD Sports.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Legacy Education Fiscal Q4 Earnings Fall, Revenue Climbs
Legacy Education Fiscal Q4 Earnings Fall, Revenue Climbs
Sep 25, 2025
04:22 PM EDT, 09/25/2025 (MT Newswires) -- Legacy Education ( LGCY ) reported fiscal Q4 net income late Thursday of $0.09 per diluted share, down from $0.10 a year ago. Three analysts polled by FactSet expected $0.11. Revenue for the quarter ended June 30 was $17.95 million, up from $12.75 million a year earlier. Three analysts expected $16.8 million. ...
Shuttle tanker firm Knot Offshore Q2 revenue beats estimates
Shuttle tanker firm Knot Offshore Q2 revenue beats estimates
Sep 25, 2025
Overview * Knot Offshore ( KNOP ) Q2 revenue of $87.1 mln beats analyst expectations, per LSEG data * Net income for Q2 at $6.8 mln, surpassing analyst estimates, per LSEG data * Operating income of $22.2 mln missed analyst expectations, per LSEG data Outlook * Company expects shuttle tanker demand to outpace supply growth * KNOT Offshore ( KNOP...
Range Impact Insider Bought Shares Worth $350,000, According to a Recent SEC Filing
Range Impact Insider Bought Shares Worth $350,000, According to a Recent SEC Filing
Sep 25, 2025
04:23 PM EDT, 09/25/2025 (MT Newswires) -- Joseph E. Loconti, 10% Owner, on September 23, 2025, executed a purchase for 2,333,333 shares in Range Impact ( RNGE ) for $350,000. Following the Form 4 filing with the SEC, Loconti has control over a total of 26,645,789 common shares of the company, with 26,645,789 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1438943/000149315225014935/xslF345X05/ownership.xml ...
Mid Penn Bancorp Agrees to Acquire Cumberland Advisors
Mid Penn Bancorp Agrees to Acquire Cumberland Advisors
Sep 25, 2025
04:23 PM EDT, 09/25/2025 (MT Newswires) -- Mid Penn Bancorp ( MPB ) said Thursday it has agreed to acquire Sarasota, Florida-based registered investment advisory firm Cumberland Advisors. The transaction is expected to close in Q4, subject to customary conditions, and will be immediately earnings-accretive upon completion, according to Mid Penn. Cumberland's leadership and team will join Mid Penn following...
Copyright 2023-2026 - www.financetom.com All Rights Reserved