JD Sports in World Cup profit surge

first_imgTuesday 21 September 2010 2:49 am whatsapp Show Comments ▼ Share JD Sports in World Cup profit surge JD Sports Fashion posted a 36.5 per cent rise in first-half profit, boosted by the World Cup, and said trading in the second half had got off to a solid start. The clothing and footwear group, which trades as JD Sports, Chausport, Size, Bank and Scotts from over 530 stores, made an underlying pretax profit of £19.4m in the six months to 31 July, up from £14.2m in the same period last year. Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proofcenter_img “The result for the full year remains very dependent on the sales and margin performance in December and January,” the firm said in a statement.Group revenue increased 18.5 per cent to £383.9m.Sales at UK and Ireland stores open over a year rose 2.8 per cent over the half and were up 2.7 per cent for the four weeks to 28 August.The firm, which ended the period with net cash of 34.5 million pounds, is paying an interim dividend of 3.8 pence, up 15.2 percent. whatsapp John Dunne Tags: NULLlast_img read more