There isn’t too much news from FTSE 100 companies coming our way in April. But two key events from a couple I’m watching could make it a good month to consider them.Retail rebound?On Wednesday 9 April, JD Sports Fashion (LSE: JD.
) is due to bring us a fourth-quarter update for the year to February 2025. The share price has taken a bit of a bashing in the past few years. And it’s down 47% in just the past 12 months.
The company’s US expansion looks like it maybe couldn’t have come at a worse time. And investing in a downtrodden stock can be a risky business. Especially if it’s in as competitive a market as discretionary clothing retail.
Valuation plungeForecasts suggest a big fall in earnings per share (EPS) for the year, down around 25%. But analysts already expect to see a 50% rebound in 2026, followed by another 13% the year after. If that comes off, it could drop the JD Sports price-to-earnings (P/E) as low as 5.
5 by 2027.At this stage, much of these predictions have to be speculative. A lot can happen to a sector like this in two years, especially with President Trump’s enthusiasm for tariffs and trade war.
In announcing its Q4 update, JD Sports told us it will include “initial guidance for FY26 and an update on our medium-term plan“. That’s what I most want to see.Building back?Wednesday 16 April brings a third-quarter trading update from Barratt Redrow (LSE: BTRW), in its first full year since the merger of Barratt Developments and Redrow completed in A.