JD Sports posts profits rise and calls for ‘rental realism’

JD Sports reported a rise in profits

JD sports has posted a rise in sales and profits and said it expects to continue to prosper despite the impact of coronavirus and a changing landscape.

JD Sports reported sales up 30% to £6.11bn in the year ending February 1, before the Covid lockdown came into effect. Like for likes advanced approximately 10% in JD’s core UK and Ireland business.

Pre-tax profit rose 3% to £348.5m over the year.

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