0855 GMT - JD Sports Fashion faces an uncertain and challenging year ahead, UBS analysts say. A soft start to fiscal 2027 comes at a time when the indirect effects of the Middle East war and potential pressure on consumers have yet to fully materialize, the analysts write in a note to clients. The company's high exposure to low- and middle-income consumers, combined with the continuing weakness of Nike, leaves limited scope for positive surprises, they add. The London-listed group, which sells sportswear brands, relies heavily on Nike, which is currently undergoing a brand-revamp strategy. The stock is up 4%. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
May 08, 2026 04:56 ET (08:56 GMT)
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