Sports Direct has delayed publishing its annual results, blaming problems integrating its purchase of House of Fraser stores and increased scrutiny of its accounts, adding this could affect its financial forecasts. Sports Direct has delayed publishing its annual results, blaming problems integrating its purchase of House of Fraser stores and increased scrutiny of its accounts, adding this could affect its financial forecasts. "Sports Direct believes its accounts and their audit to be at an advanced stage," it said on Monday. Sports Direct said on Monday it had also been affected by the fact that Britain's accounting watchdog was reviewing the auditing of the company's results. "Sports Direct would note that its core principles in regards to its financial statements are to be conservative, consistent and simple," it said.

Source: Irish Independent July 15, 2019 06:56 UTC