JD Sports has reported that it is on track to deliver full year headline pre-tax profit at least equal to current market expectations.
Ahead of its AGM later today, the sportswear retailer said in a statement that it has seen encouraging like-for-like sales growth at its core sports fashion fascias in the financial year to date.
It has also expanded its global store estate with a net increase of 29 new shops in the period to 29 June 2019. This included 18 openings in Europe and five in the Asia Pacific region.
Chairman of JD Sports, Peter Cowgill said: “On 16 April 2019, the group announced results for the year ended 2 February 2019 which represented a further record performance for the group.
“The board remains confident that the group continues to be on track to deliver headline profit before tax for the full year at least equal to current consensus market expectations.”
