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Relief rally for JD Sports as retailer sidesteps another warning, profits approach £1 billion featured picture

Relief rally for JD Sports as retailer sidesteps another warning, profits approach £1 billion

Retailer JD Sports Fashion has a spring in its step again, having damaged its hard-earned credibility with a surprise January profit warning pinned on a softer and more promotional Christmas trading season. Shares in the trainers, tracksuits and running tops seller rallied 7% to 129p in early dealings as JD Sports reassured the market it would meet recently downgraded full year 2024 earnings...
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