Sunday, July 22, 2012
Sports Direct year profit soars
Britain's biggest sporting goods retailer Sports Direct posted a strong rise in full year profit boosted by buoyant online sales, which helped it win market share from rivals. Photo: Sports DirectThe firm, controlled by billionaire Newcastle United soccer club owner Mike Ashley, on Thursday said its underlying pretax profit rose 17.3 percent to 162.1 million pounds ($253.24 million) in the 53 weeks to April 29. That compares with analysts' consensus forecast of 160 million pounds and 135.5
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