Clothing & ShoesNews

JD Sports raises profit forecast to £400m

The news follows the fashion retailers Christmas trading update which showed that total revenues, on a like-for-like basis rose by more than 5% in the 22 weeks to 2 January 2021 compared with the same period last year

JD Sports has announced that its headline profit-before-tax for the full year to 30 January 2021 will be “significantly ahead” of the current market expectation of £295m to at least £400m for the full year.

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