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JD Sports delays release of results but expects to meet guidance

ALN

JD Sports Fashion PLC on Tuesday said it will delay the release of its annual results by two days.

The Manchester, England-based sportswear retailer announced it will now release its results for the 53 weeks to February 3 on Friday this week, rather than Wednesday.

JD Sports said it will meet the guidance it had set out in March and outperform the overall sportswear market.

The company expects to report adjusted pretax profit between £915 million to £935 million, down from £991.4 million in financial 2023.

JD Sports shares were up 5.7% to 128.40 pence each in London midday Tuesday.

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