JD Sports confident of delivering record profit and sales

JD Sports store exterior

JD Sports has said it expects to deliver a second straight year of record profits and revenues despite the ongoing cost-of-living crisis ahead of its AGM later today

In a trading update ahead of its annual general meeting, JD Sports said that total like-for-like sales were 5% ahead of where they were the previous year in June 2022. 

This follows reports for the 52 weeks to January 29, 2022, published in June, which reported that sales were 5% ahead year on year for the first four months of the current financial year. 

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