Sports fashion retailer’s profits could hit £190m

JD Sports Fashion says the spectacular results it achieved in the last financial year have continued in the first half of 2016.

The Bury-based retailer said it was well placed to deliver pre-tax profits for the year ending January 28 2017 in the upper half of current market expectations which range between £170m and £190m.

The group will announce its results for the half year ended 30 July 2016 on 13 September 2016.
 
For the year ended January 30 pre-tax profits were up 57% to £157m and revenue up 20% to £1.82bn.