Dec 14, 2017

Direct hit: Sports Direct shares drop 7%

Sports Direct shareholders do not appear to be buying the gloss put on the latest set of results, with shares down by over 7% at the open. The retailer said earlier that on its preferred underlying measure, profits were up by 23 per cent in the six months to the end of October, from the same spell last year. Reported profits were down by some 67.3 per cent to £45.8m. At pixel time, shares are down by 7.74 per cent at 353p. Print this page Send this article.

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