JD Sports Fashion 22-week Constant Currency Organic Revenue Growth At 6.0%
From RTTNews:
JD Sports Fashion Plc reported 6.0% constant currency organic revenue growth for the 22 weeks to December 30, with like-for-like growth at 1.8%. The CEO mentioned progress against their strategic plan, with 6% global organic revenue growth and over 200 new JD stores opened in the year.
The company expects approximately 8% full year organic revenue growth, with the full-year gross margin rate slightly lower than last year. The estimated profit before tax and adjusted items for the year ending February 3, 2024, is between 915 million pounds and 935 million pounds.
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