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Global omnichannel sports fashion and outdoor retailer
jdplc.comLast updated
In short: JD cut its FY27 profit guidance amid weak North American sales and promotional pressures.
The retailer delivered resilient performance amidst challenging consumer conditions. It improved its cash position, launched new e-commerce platforms, and maintained FY27 profit guidance of £700m to £800m.
Organic sales fell 0.7% while net cash reached £168m. FY27 guidance remains unchanged for PBTAI and free cash flow.
The retailer notes that despite difficult market conditions, it continues executing its strategy by expanding its diverse product range and omni-channel capabilities.
Asia Pacific sales surged while Western regions contracted from heavy promotions. JD keeps cash flow guidance steady but reduces full-year pre-tax profit targets to £700m-£800m.
JD Sports trims profit guidance after softer sales, reports cost-of-living pressure and plans a Mexico launch.
Reuters reported that a JD Sports profit warning sent the FTSE 100 to its lowest level of the week on Thursday, as the retailer slashed...
JD Sports Fashion has maintained its FY27 profit and cash flow guidance as it advances its store, digital and product strategy. For the 26 weeks...
JD Sports has seen sales and profit slip so far this year, as weak consumer confidence in its key US market drives a "tough trading...
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