Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

JD Sports sales leap forecast

JD Sports is on track to report a jump in sales later this week, despite increasing competition in the thriving athleisure market.

Analysts at Shore Capital have forecast revenue growth of 23.9% for the six months to 29 July and like-for-like sales growth of 3.9%, City AM reported today.

Shore Capital described the company as “one of the strongest plays within the retail sector” and said a marked decline in JD’s share price over the last quarter was ”unwarranted”.

In June, executive chairman Peter Cowgill said in-store and online sales were growing in line with expectations, despite some anticipated margin pressure.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.