Sports Direct International

Sports Direct International is a sporting goods retailer operating in the U.K., Europe, the U.S. and Asia. Co. operates in four segments: U.K. Sports Retail, which includes the U.K. retail network of sports stores along with related websites; International Sports Retail, which includes the international retail network of sports stores; Brands, which includes Co.'s portfolio of brands such as Everlast, Lonsdale and Slazenger; and Premium Lifestyle, which includes the premium and lifestyle retail businesses such as USC, Cruise and Flannels. As of Apr 30 2017, Co.'s U.K. sports store portfolio had a total of 468 stores and its international sports store portfolio had a total of 289 stores.
  • TickerSPD
  • ISINGB00B1QH8P22
  • ExchangeLondon Stock Exchange
  • SectorGeneral Retailers
  • CountryUnited Kingdom

With a more favourable environment, FRASERS GROUP PLC. improves to Slightly Positive

FRASERS GROUP PLC. (GB), a company active in the Apparel Retailers industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 2 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date May 15, 2020, the closing price was GBp 244.00 and its potential was estimated at GBp 336.32.

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior

Tony Shiret

Sports Direct (SPD LN, HOLD, 370p) - Intra Day Thoughts

The new Nike link up takes SPD into new territory in our view and supports international scalablity theories. We are not sure how significant it will be in forecasting yet as it is based around the space elevation programme which still appear small in the overall context. We also need to see the company show signs of Walking the Walk after previous strategic false-starts.

Tony Shiret

Sports Direct (SPD LN, HOLD, T/P 370p) - Half Year Results | In-line at EBITDA level but highlight low transparency

Underlying EBITDA slightly weaker than expected at +7% yoy but FY guidance range re-iterated at +5-15%. Debt increasing £472m v £182m FY 17. Some relatively large swings in composition – International better than expected, US sizeable EBITDA impact – highlight low transparency.

Expert Corporate Governance Service (ECGS)

Etude de l'AG du 13/12/2017

1. To approve guaranteed payouts to Karen Byers and Sean Nevitt under the Executive Bonus Share SchemeShareholders are asked to approve the extension of the guaranteed minimum value for employees participating in the Company’s bonus share scheme to executive participants.  The only executive participants currently employed by the Company are Karen Byers and Sean Nevitt.  The Company has not presented any justification for the inclusion of these executives in the guaranteed payouts nor for the guaranteed payouts.  Well-designed incentive pay should serve to align executives’ interests with shar...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior