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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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