Strong trading continues at JD Sports
JD Sports has said the strong trading it experienced in the 26 weeks to 1 August has continued in the financial year to date.
When announcing its interim results in September, the sportswear retailer said that like-for-like sales across all group fascias, including those in Europe, had grown in excess of 10% in the first half of the year.
In a trading update issued yesterday, JD Sports said: “We are pleased to report that relatively strong trading has continued and, whilst recognising the critical importance of trading through the remainder of December and early January and also the further infrastructure cost increases during the year to support the increasing international development of the business.”
The group expects its full year headline profit before tax and exceptional items to exceed current consensus market expectations of £125 million by £10 million.
JD Sports will issue its post-Christmas trading update on 14 January 2016.
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