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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January 10, 2020 02:00 ET (07:00 GMT)

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