This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.bbc.co.uk/news/business-48987449
The article has changed 7 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Sports Direct delays results as House of Fraser trading 'uncertain' | Sports Direct delays results as House of Fraser trading 'uncertain' |
| (32 minutes later) | |
| Mike Ashley's Sport Direct has delayed its results, citing uncertainty about the trading performance of the House of Fraser chain it bought last year. | Mike Ashley's Sport Direct has delayed its results, citing uncertainty about the trading performance of the House of Fraser chain it bought last year. |
| The company, whose results were due on Thursday, added its auditor, Grant Thornton, was facing increased scrutiny of its work for Sports Direct. | |
| Sports Direct also indicated that it may not be able to achieve the goals it had set out in December. | |
| The company's results may be delayed to 23 August. | |
| Other companies' audits were also taking longer, Sports Direct said. | Other companies' audits were also taking longer, Sports Direct said. |
| In December, when it published its half-year results, it said that, excluding House of Fraser, it expected operating profits to grow by between 5% and 15%. | |
| But in its latest update, Sports Direct said: "There are a number of key areas to conclude on which could materially affect the guidance given in Sports Direct announcement of 13 December". |