JD Sports on track to match expectations following raft of openings
The sportswear retailer said it has seen “encouraging” like-for-like sales in the year to date, driven by growth in its fashion brand in the UK and internationally.
The announcement comes ahead of the firm’s annual general meeting today, where JD Sports faces the prospect of investor scrutiny over executive chairman Peter Cowgill’s £6m bonus.
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Hide AdPeter Cowgill, executive chairman of JD Sports, said: “On April 16 2019, the group announced results for the year ended February 2 which represented a further record performance for the group.
“We are now pleased to report that in the year to date we have continued to achieve encouraging like-for-like sales growth in our core sports fashion fascias both in the UK and internationally.
“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.”