JD Sports: Profit Decline and Sales Performance JD Sports has reported a clear slowdown in the first half, with adjusted pre-tax profits falling and like-for-like sales under pressure. The group said adjusted profits slid 13.5% to £351 million for the six months to August 2, while total revenue rose to £5.94 billion, lifted by recent…
JD Sports has reported a 3% decline in second-quarter sales, a development that highlights the impact of economic pressure in the U.K. The slowdown in domestic demand has emerged as a key factor, as shoppers tighten their spending on fashion and sportswear. Despite international markets showing resilience, the U.K. headwinds remain a central challenge for…
Sportswear has become more than just clothing; it is now part of lifestyle and identity. JD Sports, often called the “King of Trainers” in the UK, has grown into a global leader in athleisure and retail. With stores across Europe, Asia, and North America, the company has built a strong reputation for offering trendy sneakers…
JD Sports stands at a crossroads in the stock market. The company deals with tough times in the US. Weak consumer sentiment and US tariffs hurt sales there. In the first quarter to May 1, US sales dropped a lot. This led to a 2% dip in like-for-like sales overall. Yet, organic sales grew by…