JD Sports reports Christmas dip against ‘volatile consumer backdrop’
JD Sports reported growth in both North America and Asia Pacific, but it was not enough to make up for slumps in the UK and Europe over the festive period.
For the nine weeks to January 3, 2025, JD Sports group like-for-like sales dipped 1.8% for the period. While there were bright spots over the period, with 1.5% like-for-like sales growth in the US and 2.8% growth in Asia Pacific, a 3.4% drop in Europe and 5.3% fall in the UK dragged overall performance.
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