Sports Direct Delays Results Three Times in a Day; Shares Fall
A pedestrian passes sale signs displayed at a Sports Direct International store in Leeds, U.K.
Photographer: Matthew Lloyd/BloombergThis article is for subscribers only.
Mike Ashley’s Sports Direct International Plc has delayed the publication of its preliminary results for the third time today, extending a two-week long watch for the earnings report.
On July 15, the U.K. retailer first postponed the publication of its results to give the company more time to compile information, further citing “current uncertainty as to the future trading performance” of House of Fraser, the department store it purchased from administration last year. A later update informed investors to expect the publication of its audited results today, July 26.