0R15 8520.0 0.0% 0R1E 8203.0 0.0% 0M69 21090.0 67.5139% 0R2V 226.02 9878.8079% 0QYR None None% 0QYP 412.97 -2.8306% 0RUK 2652.0 -9.2402% 0RYA 1554.0 -0.7029% 0RIH 174.55 -1.3563% 0RIH 165.15 -5.3853% 0R1O 198.5 9800.2494% 0R1O None None% 0QFP None None% 0M2Z 267.777 -0.1763% 0VSO 32.05 -9.9846% 0R1I None None% 0QZI 559.0 0.7207% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 165.7358 2.7149%

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JD Sports Fashion (LSE: JD.) expects to meet FY24 consensus PBT expectations

Image source: Pexels.com

Highlights

FTSE 100 index listed JD Sports Fashion PLC (LSE: JD.) is a multichannel retailer of sports fashion and outdoor brands. JD Sports started its journey with a single store in the North West of England in 1981. Over the years, it has grown its store count to 3,403 stores spanning across 38 territories in the UK, Europe, North America and Asia Pacific. The firm aims to emerge as one of the top-notch global sports fashion powerhouses in the world.

In the fiscal year 2023, the company posted improvement in its top-line business with approximately 18.2% year-on-year growth in revenue. At the end of FY23, the firm had net cash of around £1,469.3 million. The growth can be attributed to the strong business performance in North America.

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