Trading Statement

John David Sports PLC 17 January 2001 17 January 2001 JOHN DAVID SPORTS PLC CHRISTMAS TRADING UPDATE John David Sports Plc ('JD'), a leading specialist retailer of fashionable branded sports and leisurewear, is pleased to announce its trading performance over the Christmas and New Year trading period. In its Interim results announcement on 29 November 2000, JD reported that a like for like sales increase of 7.1% for the 8 week period ending 25 November had been achieved and that gross profit margins had been increased. Set against the demanding comparatives of the previous Christmas trading period, the company is very pleased to announce the continuation of strong trading through the vital Christmas and New Year period. In the six weeks ended 6 January, total sales increased by 16.8% and included a like for like sales uplift of 6.8%. The gross profit margin improvement reported in the Interim Announcement was also maintained. John Wardle, Chairman, said: 'The trading results strongly support the strategic initiatives of the company and its focused approach towards brand differentiation and brand development. Whilst stimulated by effective marketing campaigns, demand was strong for all product ranges and the larger stores, in particular, were able to benefit from the extended product offerings.' He continued: 'I am very pleased with continued sales uplift and gross profit margin achieved in the year to date. I am confident that the company is well placed to achieve its objectives and to deliver continued growth.' Enquiries: JOHN DAVID SPORTS PLC HUDSON SANDLER LTD Barry Bown, Chief Executive Andrew Hayes/Penny Davis Peter Cowgill, Finance Director 0207 796 4133 01706 628000
UK 100

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