JD Sports Fashion reported that its second quarter Group like-for-like sales were down 3.0%. On an organic basis, sales were up 2.2%. For the 26 weeks to 2 August, like-for-like sales were down 2.5%.
"For our fiscal 2026 profit before tax and adjusting items, we expect to be in line with current market expectations, before any indirect impact of US tariffs which we continue to work through," Régis Schultz, CEO, stated.
The Board announced a share buyback programme of 100 million pounds. The Group expects to commence the programme post the announcement of first half results on 24 September.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.