JD Sports Fashion Plc Trading Update (3619Z)
January 10 2020 - 2:00AM
UK Regulatory
TIDMJD.
RNS Number : 3619Z
JD Sports Fashion Plc
10 January 2020
10 January 2020
JD Sports Fashion Plc
Trading Update
JD Sports Fashion Plc (the 'Group') today announces an update on
performance following the Christmas trading period.
Against a backdrop of widely reported retail challenges in the
Group's core UK market, it is encouraging to report positive like
for like trends in the Group's global Sports Fashion fascias,
particularly overseas.
Given the increasing significance of our international
businesses in the overall Group result, and the fact that there is
a differentiated timing of the post-Christmas sale period in a
number of our key overseas markets, the ultimate outturn will
reflect trading in these markets through the remainder of
January.
We remain confident that the full year Group headline profit
before tax will be in the upper quartile of current market
expectations which, after adjusting for the impact of the
transition to IFRS 16, range from GBP403 million to GBP433
million.
The preliminary results for the year ended 1 February 2020 will
be published on 15 April 2020.
Enquiries:
JD Sports Fashion Plc Tel: 0161 767 1000
Peter Cowgill, Executive Chairman
Neil Greenhalgh, Chief Financial Officer
MHP Communications Tel: 0203 128 8193
Andrew Jaques
Giles Robinson
Charles Hirst
Catherine Chapman
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END
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