×
2 560
Fashion Jobs
URBN
Free People Assistant Visual Manager - Kings Road, London
Permanent · LONDON
URBN
Anthroplogie Visual Manager - Regent st, London
Permanent · LONDON
ESTEE LAUDER
Clinique - Consultant - Jollys, Bath - 7.5 Hours - Part Time, Permanent
Permanent · Bath
ESTEE LAUDER
la Mer - Business Manager - Selfridges, Exchange, Manchester - 37.5 Hours / 5 Days - Full Time, Permanent
Permanent · Manchester
ESTEE LAUDER
Clinique - Consultant - John Lewis, Cribbs Causeway - 13 Hours - Part Time, Permanent
Permanent · Patchway
ESTEE LAUDER
Tom Ford, Frederic Malle, by Kilian - Business Manager - Harvey Nichols, London - 37.5 Hours / Week - Full Time, Permanent
Permanent · London
AESOP
Retail Consultant | Part Time, Permanent | New Aesop Battersea Power Station, London
Permanent · London
AESOP
Retail Consultant | Full-Time, Permanent | New Aesop Battersea Power Station, London
Permanent · London
BERSHKA
General Manager - Bershka Blanchardstown
Permanent ·
STRADIVARIUS
General Manager - Stradivarius Jervis
Permanent ·
STRADIVARIUS
Stradivarius General Manager Stratford
Permanent · LONDON
HEAD OFFICE
Commercial Buying Product Expert
Permanent · BRACKNELL
DEBENHAMS
CRM Assistant
Permanent · LONDON
HEAD OFFICE
Information Security Analyst (Cloud), Secure by Design
Permanent · BRACKNELL
AUTUMNPAPER LIMITED
Alexander Mcqueen Senior Performance Marketing Manager - 12 Month Ftc
Permanent · LONDON
DR. MARTENS
Retail Regional Manager - UK
Permanent · LONDON
BOOHOO GROUP
Warehouse Operative
Permanent · BURNLEY
VF INTERNATIONAL
Account Coordinator - Italian Speaking - Vans
Permanent · NOTTINGHAM
VF INTERNATIONAL
Senior Distribution Systems Specialist
Permanent · COALVILLE
VF INTERNATIONAL
dc Inventory Team Leader
Permanent · COALVILLE
VF INTERNATIONAL
Warehouse Area Manager
Permanent · COALVILLE
VF INTERNATIONAL
dc Team Leader
Permanent · COALVILLE
Published
Feb 18, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

JD Sports results delayed, profits forecast lifted as strong trading continues

Published
Feb 18, 2022

If you’re wondering why JD Sports Fashion full-year results are being held back, it certainly isn’t performance-related. Strong sales have prompted the sportswear retail giant to raise its profit guidance for the third time in five months.


JD Sports Fashion


In a statement to the London Stock Exchange, it said reasons for the delay were threefold: giving it time to incorporate new numbers following the forced sale of its Footasylum business; more time needed to split Peter Cowgill's joint chairman and chief executive role; and to “ensure that KPMG have sufficient time to complete its global audit procedures”.

The delay comes after the retailer and Footasylum were fined £4.3 million earlier this week after breaching the rules around a merger blocked by the Competition and Markets Authority.

In the statement JD Sports also said its full-year accounts are set "to be slightly ahead of previous expectations”.

It added its profits before tax and exceptional items for the 12 months to 29 January are expected to be at least £900 million. That’s higher than the £875 million improved guidance given in January and well ahead of the £750 million forecast provided in September at its half-year results.

In a trading update published on 12 January, the group confirmed its total like-for-like revenue for the 22 weeks to 1 January was more than 10% ahead of the same period in 2020, with an equally positive performance across the Black Friday and Christmas period.

The JD Sports statement added: "The group will make a further announcement on the timetable for announcing its final results in due course.”

Copyright © 2022 FashionNetwork.com All rights reserved.