JD Sports LFL sales up 5% YTD

22nd Jul 2022 07:14

(Sharecast News) - Sportswear retailer JD Sports said on Friday that like-for-like sales were up 5% year-to-date, leading the group to reiterate guidance for full-year headline pre-tax profits in line with its record performance in the year ended 29 January.

JD Sports also expects that the phasing of profits in the current trading year will reflect "a more normalised trading pattern", with approximately 35-40% of profits generated in the first half.

The FTSE 100-listed firm anticipates reporting its interim results for six months ended 30 July in the second half of September.

Reporting by Iain Gilbert at Sharecast.com