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Britain's JD Sports reports quarterly sales rise in volatile market
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Britain's JD Sports reports quarterly sales rise in volatile market
Aug 22, 2024 5:12 AM

LONDON, Aug 22 (Reuters) - British sportswear retailer

JD Sports Fashion reported a 2.4% rise in second-quarter

underlying sales, an improvement on the previous quarter, but

said it was cautious on its outlook for the rest of the year as

the global macro environment remains volatile.

The FTSE 100-listed group, which sells Nike ( NKE ), Adidas, On,

HOKA and other sports brands, on Thursday kept its guidance for

full-year 2024/25 profit before tax and adjusting items of 955

million pounds to 1.035 billion pounds ($1.24-$1.35 billion), up

from the 917.2 million pounds made in 2023/24.

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