JD Group Trims Profit Outlook as Footwear Slump Persists, But Apparel and Asia Pacific Shine
TCF POST Report JD Sports Fashion plc (JD Group) on 20 August reported a mixed second quarter, with group organic sales down 1.3% for the 13 weeks to 1 August, prompting the retailer to cut the top end of its full-year profit guidance to £700m–£800m, from £750m–£850m previously. Free cash flow guidance of £460m–£520m was … Read more
