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JD Sports shares jump despite profit warning


By Dan McGrath

Shares in JD Sports increased by over 6% in early trading, after the retailer widened its profit guidance for the current financial year.

In the year to 31 January, the firm’s sales increased by 10.5% to £12.6bn, driven by the annualisations of the Hibbett and Courir acquisitions in the previous year


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BAE Systems reports ‘strong’ performance in 2026

BAE Systems has recorded a "strong operational and financial performance" so far in 2026, as the defence giant reiterated its full-year guidance

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M&G returns to inflows in Q1

M&G has posted net inflows of £600m in three months to 31 March, following outflows of £100m in the same period last year

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Wetherspoons issues profit warning as costs increase

Wetherspoons has stated that its profits may be slightly below market expectations as costs increase across the business

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Next beats expectations in Q1

Next has reported that its full price sales increased by 6.2% year-on-year, beating expectations of 4% set out in its full-year results

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Diageo reports 2.3% sales increase in Q3

Diageo has stated that its reported net sales increased by 2.3% to $4.5bn in the third quarter, reflecting a positive hyperinflation adjustment

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Vodafone takes ownership of VodafoneThree joint venture

Vodafone has agreed to take ownership of the VodafoneThree joint venture for £4.3bn via a cancellation of shares

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Santander completes £2.65bn TSB acquisition

Santander UK has completed the acquisition of TSB for an all-cash consideration of £2.65bn.

The takeover, which received regulatory approval from the Prudential Regulation Authority and the European Central Bank, represents the single largest investment in the UK banking sector for over 15 years

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NatWest profits increase 12% in Q1

NatWest has recorded an 11.6% quarter-on-quarter increase in its profit before impairment losses, totalling £2.3bn in the three months to 31 March

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HSBC reports profit hit following fraud-related exposure

HSBC has seen its profit before tax drop by just over 1% in the year to 31 March, totalling $9.37bn, following a $400m "fraud-related, secondary, securitisation exposure" with a UK financial sponsor in its corporate and institutional banking business

Gleeson Homes records ‘resilient’ performance in latest trading update

Gleeson Homes has reported a "resilient" trading period in the 11 weeks to 24 April, as its net reservation rate increased from 0.86 per site per week to 0.88 year-on-year
Bank of England holds base rate at 3.75%

The Bank of England (BoE) has chosen to hold interest rates at 3.75% as uncertainty continues surrounding the economic impact of the conflict in the Middle East
Rolls-Royce trading update ‘restores calm’ following geopolitical uncertainty

Rolls-Royce has seen its share price increase by over 6% after it was able to "restore some calm" after a turbulent few months following the beginning of the Middle East conflict.

The FTSE 100 engineering firm said it had a "strong start" to the year across all three of its divisions, with its defence sector recording a good beginning to 2026, following an improved aftermarket performance


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