JD Sports Warns on Profit as UK Consumer Confidence Tumbles

JD Sports Warns on Profit as UK Consumer Confidence Tumbles

JD Sports Fashion Plc warned its full-year profit would be at the lower end of market expectations as consumer confidence slumps in the UK.

JD Sports warns on profits but doubles down on ecommerce and loyalty push - InternetRetailing

JD Sports has reported a slowdown in sales growth and warned that full-year profits will come in at the lower end of market expectations. In its trading update for the 13 weeks to 1 November, the sportswear giant posted an 8.1% rise in total sales at constant currency, boosted by acquisitions. However, like-for-like sales fell 1.7%, with organic growth of just 2.4%, reflecting fragile demand in both the UK and the USA. JD Sports now expects prof…

JD Sports sales steady but flags weakening consumer backdrop

JD Sports Fashion has delivered a steady third quarter, but warned its full-year profits will be at the lower end of forecasts due to slowing consumer demand across key markets. The group reported a 1.7% drop in like-for-like sales for the 13 weeks to 1 November, although total sales rose 8.1% at constant currency. In particular, apparel continued to perform well, while footwear remained subdued, particularly in product lines reaching the end of…

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JD Sports warns on profits amid ‘volatility’ – Northern Financial Review

JD Sports Fashion plc, the Bury-based FTSE 100 retailer, said on Thursday it anticipates that FY26 profit before tax and adjusting items (PBTAI) will be “within the lower end of current market expectations.” In a third-quarter trading statement, JD Sports said that throughout this year, it has operated in its global markets “amid macroeconomic volatility, strained consumer finances, and evolving brand product cycles.” Turning to the near-term ou…