Next vs JD Sports: two very different golden quarter stories

JD Sports store exterior

As Next upped its profit guidance again, on the same day JD Sports issued a profit warning. Retail Week explores the differentiating factors between the two

On the same day Next upped its full-year profit guidance for the fifth time in the past eight months to Ā£905m, JD Sports issued a profit warning and lowered its forecast from Ā£1.04bn to between Ā£915m and Ā£935m. The sports giant blamed the ā€œmilder weatherā€ and ā€œcautiousā€ consumer spend for sales growth falling behind expectations.

 

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