logo
  

JD Sports Fashion Plc Sees FY22 Profit Before Tax Ahead Of Current Market View

JD Sports Fashion Plc (JD.L) said, for the twenty-two week period to 1 January 2022, total revenues in the like for like businesses were more than 10% ahead of last year. The Group noted that gross margins for the second half were in line with prior year.

The Group is now confident that headline profit before tax for the full year to 29 January 2022 will be ahead of current market expectations, which average 810 million pounds. It is now anticipated that the outturn for the full year will be at least 875 million pounds, the Group said.

For fiscal 2023, the Group's best estimate is that headline profit before tax will be in line with the current year, which is ahead of current market expectations.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Home improvement company Lowe's and pet retailer Petco Health and Wellness Co. are set to launch a pilot store-in-store program whereby a total home solution will be offered to customers by bringing home improvement as well as pet care products, services and expertise together under the same roof. Chevron Corporation (CVX) reported fourth quarter profit of $5.1 billion or $2.63 per share, compared to a loss of $665 million or $0.33 per share, previous year. The company's U.S. upstream operations earned $2.97 billion, compared to $101 million, a year ago. The company said the improvement was primarily... While reporting financial results for the fourth quarter on Friday, Colgate-Palmolive Co. (CL) initiated its earnings and sales growth guidance for the full-year 2022. For fiscal 2022, the company now expects earnings per share to grow in double-digit percentage and adjusted earnings per share growth...
Follow RTT