Sports Direct earnings slump on weak pound, ‘optimistic’ on prospects

LONDON (Reuters) – British retailer Sports Direct on Thursday reported a 28.5 percent slump in full-year core earnings, reflecting a lower gross margin due to the weaker pound and a lack of hedging.

from Reuters: Top News http://uk.reuters.com/article/uk-sports-direct-results-idUKKBN1A50ID?feedType=RSS&feedName=topNews

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