Shock profits blow for JJB Sports

British retailer JJB Sports stunned the markets today by warning that annual profits could be as much as 25% short of forecasts.

Shock profits blow for JJB Sports
Tue, 11 Sep, 2007 - 15:43

British retailer JJB Sports stunned the markets today by warning that annual profits could be as much as 25% short of forecasts.

The UK’s second-largest sports retailer indicated it was on course for a full-year profits haul of around £3m (€51.4m), sharply lower than the £47m (€69m) pencilled in by some analysts.

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