I would love for this stock to be added to Free Trade!
Currently on my watch list. JD has had strong equity, revenue and EPS growth for the last 5 years, 3 years and 1 year. With only a small dividend yield and roughly 6% payout ratio, most of the profits are being plowed back into the company in the form of acquisitions and opening up new stores all around the world. The Executive Chairman has also bought stock in 2017 and 2018 which is never the worst sign!
Nevertheless, there are risks around Brexit, as EU stores are dependent on being sourced from UK warehouses. Although the company is looking into opening an EU hub.
JD’s share price is currently high due to good Christmas sales, but I am definitely interested in investing in this company in the near future and would be great if it could be added
Feel free to create a new #investing-and-markets topics & share your thoughts about JD’s future with the community
Does anyone know if JD Sports have a strong e-Commerce game, similar to Nike and others? Wen the lockdown is over, I doubt customers get back to stores in droves (I might be wrong).
The share price collapsed, but I’m sure all of us who invested hope for a swift recovery.
They delayed the release of their full-year results, maybe until the second half of May.
All of the stores in the UK, US and Europe are closed due to corona but the online channels remained open - it would be interesting to see if traffic to those channels went up, if anyone has a way to see or approximate that.
I sold out a couple of weeks ago but if they stop online sales like Next, River Island and others have done this week then surely this is going to have a negative effect.