JD Sports Fashion Plc reports positive like for like trends in Christmas trading

  • Jan 10, 2020 GMT
  • Team Kalkine
  JD Sports Fashion Plc (LON: JD.) has released an update on performance following the Christmas trading period.
  • The company has reported positive like for like trends in the Group's global Sports Fashion fronts, particularly overseas, despite widely reported retail challenges in the Group's core UK market.
  • The company has also reported that, as there is a difference in timing of the post-Christmas sale period in a number of its key overseas markets, the ultimate numbers from these markets will reflect in the remainder of January.
  • The company has expressed its confidence that the full-year Group headline profit before tax will be in the upper quartile of current market expectations of £403 million to £433 million.
  • On 10th January 2020, at the time of writing, GMT 08:11 AM, JD. shares were trading at GBX 832.20, up by 4.80 points or 0.58% against the previous day closing price.

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