Trading Update

RNS Number : 9452H

JD Sports Fashion Plc

03 December 2015

 

3 December 2015

JD Sports Fashion Plc

Trading Update

JD Sports Fashion Plc (the 'Group'), the leading retailer of sports, fashion and outdoor brands, announces an update on recent performance.

In the announcement of the Group's interim results on 16 September 2015, we reported that there had been an exceptional performance for the 26 week period to 1 August 2015, with like for like sales growth in the period across all Group fascias, including those in Europe, in excess of 10%.

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 Board expects that the headline profit before tax and exceptional items for the current financial year is likely to exceed current consensus market expectations of £125m by £10m.

The Group will issue its post Christmas trading update on 14 January 2016.

Enquiries:

JD Sports Fashion Plc                                                         Tel: [phone]

Peter Cowgill, Executive Chairman

Brian Small, Chief Financial Officer

MHP Communications                                                         Tel: [phone]

Andrew Jaques

Barnaby Fry

Gina Bell

 

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