JD Sports ‘on track’ for full year as sales increase

JD Sports store exterior

JD Sports has posted an increase in sales and confirmed profit remains “on track” for the full financial year as its strong brand portfolio continues to pay off.

The retailer recorded profit before tax of £375.2m for the 26 weeks to July 29, 2023, up 25.8% year on year compared with the same period in 2022.

Sales at the sportswear retailer increased by 8.3% to reach £4.78bn for the period as growth for its premium sports fashion brands continued.

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