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Tuesday 16 November, 2010

JD Sports Fashion

Interim Management Statement

RNS Number : 2292W
JD Sports Fashion Plc
16 November 2010
 



16 November 2010

 

JD SPORTS FASHION PLC

 

INTERIM MANAGEMENT STATEMENT

 

 

JD Sports Fashion Plc (the "Group"), the leading retailer of sport inspired and fashion footwear and apparel, today releases the following Interim Management Statement.

 

On 21 September 2010, the Group announced a positive like for like sales performance for the UK and Ireland retail fascias for the 4 weeks to 28 August 2010 of 2.7% (cumulative year to date 2.8%).   We are pleased to report that cumulative year to date sales to 13 November 2010 have marginally increased and cumulative gross profit margins have been maintained.   

 

As stated on 21 September 2010 the result for the full year remains very dependent on the sales and margin performance in December and January, and we are inevitably cautious about maintaining such positive like for like sales performance during the Christmas period against a backdrop of successive uplifts in previous years.

 

The Group will issue its post Christmas trading update in the first half of January 2011.

 

Enquiries:

 

JD Sports Fashion Plc                                               Tel: 0161 767 1000

Peter Cowgill, Executive Chairman

Barry Bown, Chief Executive

Brian Small, Finance Director

 

MHP Communications                                              Tel: 0207 357 9477

Andrew Jaques

Barnaby Fry

Ian Payne

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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