Fund Gurus

Sports Direct's Winning Formula Looks To Unlock Excellent Long Term Returns

European retailers have had a tough time over the past five years, however this period separated the weak from the strong. One such company that has shot to the top is Sports Direct International (OTC:SDIPF, SPD - LSE Ticker), the UK listed sports retailer has absorbed much of its failing competitors and looks to continue unhindered as it takes on Europe. Strong growth drivers combined with an improving macro outlook offers excellent long term potential for SPD.

SPD was founded in 1982 by Mike Ashley and since then has grown to be the UK's largest sports retailer operating out of over 395 stores. The group supplies a range of competitively priced sports and leisure equipment, clothing, footwear and...

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