After its latest deal, could JD Sports be the next FTSE 100 company to move to the US?

cityam04-23

A decision by JD Sports to pick up an American listed retailer will increase North America’s share of group sales from approximately 32 per cent to approximately 40 per cent. A decision by JD Sports...

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A decision by JD Sports to pick up another New York-listed retailer has sparked analyst interest.The Manchester-based business said it would pay 878m for Hibbett, an Alabama-headquartered ‘fashion inspired’ retailer with stores in 36 states across the States.When the deal is completed, the firm has estimated the combined revenue of JD and Hibbett in North America would be approximately 4.7bn.Some 40 per cent of group sales will also come from the North American market, up from 32 per cent today.The British firm already has over 200 sites in the region and also acquired rival brands in the market such as Finish Line, which has circa 600 stores and concessions.But could JD consider a move to the US after bulking up its presence in the region?","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE0008368742.USD":"首域中国增长基金I Acc","BK4531":"中概回港概念","09618":"京东集团-SW","BK4585":"ETF&股票定投概念","BK4558":"双十一","BK4509":"腾讯概念","BK4220":"综合零售","IE00BGV7N243.SGD":"FSSA Global Emerging Markets Focus I Acc SGD","BK4524":"宅经济概念","SG9999002463.SGD":"LionGlobal China Growth SGD","BK4579":"人工智能","LU1688375341.USD":"贝莱德中国灵活股票基金","BK4526":"热门中概股","BK4588":"碎股","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4551":"寇图资本持仓","JD":"京东","BK4505":"高瓴资本持仓","LU0106959298.USD":"UBS (LUX) EQUITY FUND - EMERGING MARKETS SUSTAINABLE LEADERS (USD) \"P\" (USD) ACC","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","BK4504":"桥水持仓"},"translate_title":"在最近的交易之后，JD Sports会成为下一家搬到美国的富时100指数成份股公司吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JD":1,"09618":0.6},"content_text":"A decision by JD Sports to pick up an American listed retailer will increase North America’s share of group sales from approximately 32 per cent  to approximately 40 per cent.  A decision by JD Sports to pick up another New York-listed retailer has sparked analyst interest.The Manchester-based business said it would pay £878m for Hibbett, an Alabama-headquartered ‘fashion inspired’ retailer with stores in 36 states across the States.When the deal is completed, the firm has estimated the combined revenue of JD and Hibbett in North America would be approximately £4.7bn. Some 40 per cent of group sales will also come from the North American market, up from 32 per cent today.\n\nPICTURED: Rapper Central CeeInvestors in London—where the brand is listed—responded positively to the news, with shares in JD Sports rising close to six per cent when the market opened. The move was a rare example of a London-listed company poaching from US markets. Tuesday’s decision is part of the FTSE 100 giant’s aggressive regional expansion plan. It has laid out a plan to open 700 own-brand stores during the next four years. When the deal is completed, currently set for the second quarter of the year, JD will have added 1,169 more shops selling trendy shoes and sportswear to its portfolio. \n\nThe British firm already has over 200 sites in the region and also acquired rival brands in the market such as Finish Line, which has circa 600 stores and concessions. But could JD consider a move to the US after bulking up its presence in the region?","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2429168571"}