JD Sports Posts Underlying Sales Decline In Christmas Quarter
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JD Sports Fashion PLC reported a decline in underlying sales for the Christmas quarter, with like-for-like sales down 1.8%. The company expects FY26 profit before tax to align with market expectations, while anticipating a gross margin decrease of approximately 50 basis points year-on-year. North America saw a slight increase in sales, while the UK and Europe experienced declines. Overall, JD Sports anticipates muted market growth in FY27.
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