Pro Content

JD Sports Fashion Plc Announces Its Second Quarter Trading Update For The 13 Weeks To 3rd August 2024

Trading for the Group in the period, on a constant currency basis, was in line with  expectations. Like-for-like (‘LFL’) sales were up 2.4% and organic sales were up 8.3%. As a consequence, first half LFL sales were up 0.7% and organic sales were up 6.4%. The quarter-on-quarter (‘QOQ’) trading improvement was driven primarily by the strength of their multi-brand operating model and softer comparatives with the previous year. Regionally, LFL growth was strongest…