Sports Direct Sales Beat Estimates

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July 17 (Bloomberg) –- Bloomberg’s Ryan Chilcote reports earnings for Sports Direct, one of the U.K.’s largest retailers. He speaks on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

Retailers in the u.k. and the largest sports retailer just meeting expectations for revenue coming in at over 2.7 billion pounds.

The expectation was that would be under 2.7 million pounds and on the dividend a little bit of a beat.

32.1 p and people were expecting [inaudible] the owner declined to take up bonus.

-- a bonus.

Very controversial.

Worth about 6 billion.

He is a massive character.

Fabulously wealthy.

Thanks to his company which has grown phenomenally.

He does not take a salary from sports direct and he is mutual honor.

The dividend will be good news for him because the larger the dividend, he on something like 58%. -- owns something like 58%. we should give credit where credit is due.

If shareholders -- shareholders approved by a narrow margin, close to 60% on the big pay package.

There was -- there were many investors who were not happy so he declined and we have some other news.

Liberty global, john malone

This text has been automatically generated. It may not be 100% accurate.


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