US EditionJD Sports Underlying Sales Fall in Q2 on Weak UK
JD Sports announced a £100 million share buyback reflecting confidence in medium-term growth despite a 2.5% H1 sales decline amid consumer financial pressures.
- JD Sports reported a 2.5% drop in like-for-like sales over six months compared to last year, indicating struggles in the UK and Europe amid tough comparisons with the previous year.
- The company noted a particular decline in the UK and Europe due to tough comparisons with the same quarter last year, which benefited from the Euro 2024 football tournament.
- Regis Schultz, CEO of JD Sports, stated, 'We are making strong progress in developing our omnichannel customer proposition, store footprint, and supply chain' despite trading challenges.
- JD Sports remains cautious about trading for the rest of the year, citing pressure on consumer finances and the risk of rising unemployment.
12 Articles
12 Articles
JD Sports underlying sales fall in Q2 on weak UK
JD Sports Fashion reported a deeper decline in underlying sales for its second quarter, reflecting weakness in the UK, though there were signs of stabilisation in its key US market after a sharp decline in the previous quarter.
JD Sports reports sales decline but maintains profit outlook for FY '26
JD Sports reported a decline in sales in its second-quarter trading update, while also announcing a new US $ 129 million share buyback programme. Group like-for-like revenues fell 3% to US $ 3.9 million in the 13 weeks to 2nd August, following a 2.5% decline in the first half of the year. UK sales dropped […] The post JD Sports reports sales decline but maintains profit outlook for FY ’26 appeared first on Apparel Resources.
JD Sports H1 sales drop 2.5% causing H2 concern
JD Sports has revealed that its sales across the group dropped 2.5% for the half year ended 2 August 2025. The company stated that this was in large part due to tough comparatives as Euro 2024 the previous summer saw an increase in replica kit sales and in-store cross-sell as well as athletic footwear for women. Alongside this, the company’s Q2 revenues fell 3% to £3.1m while UK sales dropped 6.1% over the second quarter, declining 3.3% during t…
JD Sports shares up amid new £100m share buyback – Northern Financial Review
Shares of JD Sports Fashion plc, the Bury-based FTSE 100 retailer, rose as much as 4% after it published a second quarter trading statement and announced a new £100 million share buyback “reflecting confidence in medium-term industry growth, our ongoing market share gains and focused execution.” JD Sports said its like-for-like (LFL) sales declined by 3.0% in the second quarter and that full-year underlying pre-tax profits are expected to be aro…
JD Sports sales fall prompts H2 caution - Retail Gazette
JD Sports saw sales decline in its second quarter trading statement, as it unveiled a further £100m share buyback. Group like-for-like revenues dropped 3% to £3.1m over the 13 weeks to 2 August. Sales were down 2.5% during its first half. UK sales dropped 6.1% over the second quarter, declining 3.3% during the retailer’s first half. The firm highlighted an improved like-for-like sales trend for its second quarter in the UK, North America and Eur…
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