Sports Direct International Plc, the U.K.’s largest sporting-goods retailer, fell to the lowest in three weeks in London trading after Chairman Mike Ashley sold a stake worth 100 million pounds ($151 million).
Dan Thomas looks up at the rain clouds hovering above St. Paul’s cathedral in London and then smiles approvingly at the two golf umbrellas he’s just bought for 5 pounds ($8) from a branch of Sports Direct.
Sports Direct International Plc, the U.K.’s biggest sporting-goods retailer, gained the most in four months in London trading after revenue rose more than analysts expected on premium lifestyle products and online sales.
Sports Direct International Plc , the U.K.’s biggest sporting-goods retailer, rose in London trading after the company said it expects to meet its full-year profit target even as cold weather hurt rival JJB Sports Plc ’s sales.
Sports Direct International Plc, the U.K.’s biggest sporting goods retailer, said it expects to meet its 2012 target for earnings before interest, tax, depreciation and amortization of 215 million pounds ($347 million).
Sports Direct International Plc’s full-time employees will receive a bonus share package valued at 44,370 pounds ($71,000) when the retailer discloses that it has met profit targets this week, the Sunday Times reported.