JD Sports rides out turmoil to post profits at top end of expectations

JD Sports sign

JD Sports has reported a fall in first-half profits, which nevertheless came in at the top end of management expectations after a period of upheaval.

The sportswear retailer posted pre-tax profits before exceptionals of £383.5m, down from £439.5m in the comparable period, helped by “continued robust performance” in the core UK and Ireland market and profitability in Europe and the US. 

Sales at JD Sports, which earlier this year parted company with veteran chief executive Peter Cowgill but yesterday drafted him back in as a consultant, rose to £4.42bn from £3.89bn.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.