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COVID-19 Impact on JD Sports and its Future Prospects

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    Company Profile

  • October 2020
  • GlobalData
  • ID: 5205700
Summary

The post coronavirus (COVID-19) company impact report analyses the impact of the COVID-19 outbreak on JD Sports & its future prospects.

As per the publisher's forecasts, JD Sport’s revenue growth rate has been revised from 22.0% to -6.0% for 2020 - a US$0.4bn decline over the pre-COVID 2020 forecast for the group.

Though it had to close down its stores across Europe and US during the COVID-19 pandemic, its websites kept accepting and fulfilling orders across its various territories and thereby reduced the negative impact of the pandemic on its profits.

Scope
  • A strong positioning ahead of the COVID-19 crisis
  • Sales through online channel continues to fuel growth amid pandemic
  • A call for greater flexibility in property leases by landlords

Reasons to Buy
  • Use our revised 2020 forecast for JD Sports to understand how it will perform this year.
  • Use our charts to review how JD Sports's sales are split by region globally and how these regions have been impacted by COVID-19.
  • Use our in-depth analysis to review how JD Sports has responded to COVID-19 and how this will affect its performance.

Table of Contents

Executive Summary
  • JD Sports's exposure to COVID-19
  • JD Sports's operational responses to COVID-19

Key findings
  • Key conclusions

Geographic spread analysis - COVID 19 vs JD Sports Group Sales
  • Global & regional impact
  • Impact score for JD Sports versus competitors
  • Financials for JD Sports versus competitors

Revised 2020 revenue forecast
  • JD Sports’s exposure

Latest News
  • Indications from Stock Price and Influencers
  • Company reaction
  • Indications from recruitment trends
  • Safety measures
  • Mobile testing facility
  • Rental realism

Appendix
  • Methodology

List of Figures
  • Spread of COVID-19- confirmed cases, number in treatment, recoveries and deaths.
  • Countries/ regions affected by COVID-19
  • Spread of JD Sports group sales in 2019
  • COVID-19 global impact score for JD Sports versus competitors
  • JD Sports global revenue and year on year growth 2015-2020
  • JD Sports exposure: by region vs regional impact levels

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • JD Sports
  • Nike inc
  • Adidas AG
  • ANTA Sports Products Ltd
  • Fila Holdings Corp
  • Under Armour
  • Puma SE
  • New Balance Athletic inc