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Stock Market News

JD Sports expects to meet profit forecast on strong demand

07/22/2022

Less than a minute

2022.07.22 09:43

JD Sports expects to meet profit forecast on strong demand
FILE PHOTO: People walk past a JD Sports store in London, Britain, November 17, 2021. REUTERS/May James

(Reuters) – Britain’s largest sportswear retailer, JD (NASDAQ:JD) Sports Fashion, said on Friday it expects annual profit to be in line with expectations on strong demand for its sportswear.

The company also expects that earnings in the current year will reflect a more normalised trading pattern with about 35% to 40% of the profits generated in the first half.

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07/22/2022

Less than a minute