Interim Management Statement

RNS Number : 2333U

JD Sports Fashion Plc

29 November 2013

 



29 November 2013

JD Sports Fashion Plc

INTERIM MANAGEMENT STATEMENT

JD Sports Fashion Plc (the "Group"), the leading retailer and distributor of sportswear, fashionwear and outdoor clothing, footwear and equipment, today releases the following Interim Management Statement for the period to 23 November2013.

In the announcement of the Group's interim results on 18 September 2013 we reported like for like sales in the core UK and Ireland Sports and Fashion Fascias as being +5.8% for the 26 week period to 3 August 2013.

We are pleased to report that after a further sixteen weeks' trading, the like for like sales improvement for these Fascias stands cumulatively at very much the same level. We are also pleased with very recent progress in the Outdoor Fascias.

The result for the full year remains, as usual, substantially dependent on the sales and margin performance through the Christmas period and particularly in the last two weeks of December. At this stage the Board believes the Group remains on course to deliver earnings at least in line with current expectations.

The Group will issue its post Christmas trading update on 10 January 2013.

Enquiries:

JD Sports Fashion Plc                                                            Tel: [phone]

Peter Cowgill, Executive Chairman

Barry Bown, Chief Executive

Brian Small, Finance Director

MHP Communications                                                          Tel: [phone]

Andrew Jaques

Barnaby Fry

Jack Holden

 

END

 

 

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