Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says. Watch here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJD Sports Regulatory News (JD.)

Share Price Information for JD Sports (JD.)

Share Price is delayed by 15 minutes
Get Live Data
84.18    0.86 (1.03%)
Bid:
84.14
Ask:
84.22
Spread: 0.08 (0.095%)
Market Cap: £4.03b
JD. Live PriceLast checked at - London Stock Exchange

Intraday JD Sports Share Chart

Interim Management Statement

9 Jun 2011 07:00

RNS Number : 1125I
JD Sports Fashion Plc
09 June 2011
 



9 June 2011

JD Sports Fashion Plc

 

INTERIM MANAGEMENT STATEMENT

 

JD Sports Fashion Plc (the "Group"), the leading retailer and distributor of sport inspired fashion apparel, footwear and young fashion, today releases the following Interim Management Statement for the period from 30 January to 4 June 2011.

 

In the Preliminary Announcement of the Group's results for the 52 week period ended 29 January 2011, issued on 13 April 2011, the Group reported UK and Ireland like for like gross retail sales growth of 0.4% and like for like net sales declines of 1.2% (Sports Fascias -1.4%; Fashion Fascias 0.0%) for the 8 weeks ended 26 March 2011. Our cautious outlook at the time of that announcement remains unchanged and continues to be based on the very clear downward pressures on levels of gross consumer expenditure in our market and the increased VAT take from such expenditure. Overall group trading remains in line with management's expectations at that time.

 

Recent comparatives are made harder to interpret in terms of underlying trading trends as the period coincides with the run up to the World Cup 2010. Cumulative like for like net sales of the UK and Ireland Fascias now stand at -2.8% (Sports Fascias -3.0%, Fashion Fascias -1.6%), with margin deterioration within the range of our expectations.

 

Elsewhere in the Group satisfactory progress is being made and we continue to be well positioned to exploit our financial strength to take advantage of any strategic opportunities which may arise.

 

The Group expects to provide its next trading update with the Interim Results Announcement on Wednesday 21 September 2011.

 

Enquiries:

 

JD Sports Fashion Plc Tel: 0161 767 1000

Peter Cowgill, Executive Chairman

Barry Bown, Chief Executive

Brian Small, Finance Director

 

MHP Communications Tel: 0203 128 8100

Andrew Jaques

Barnaby Fry

Ian Payne

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IMSQVLFBFQFBBBB
Date   Source Headline
27th Jun 20131:29 pmRNSANNUAL GENERAL MEETING 2013 - VOTING RESULTS
19th Jun 20137:00 amRNSInterim Management Statement
24th May 20133:00 pmRNSAnnual R&A, Notice of AGM and Directorate Change
17th Apr 20137:00 amRNSFinal Results
10th Jan 20137:00 amRNSTrading Statement
21st Dec 20124:35 pmRNSPrice Monitoring Extension
21st Nov 20127:00 amRNSInterim Management Statement
18th Sep 20127:00 amRNSHalf Yearly Report
14th Sep 201211:06 amRNSBoard Appointment
13th Sep 20123:18 pmRNSResult of Meeting and Completion of transactions
23rd Aug 20123:42 pmRNSPosting of Shareholder Circular
23rd Aug 20127:00 amRNSDisposal & Acquisition
19th Jul 20122:40 pmRNSDirectorate Change
20th Jun 20123:45 pmRNSResult of AGM
13th Jun 20127:00 amRNSInterim Management Statement
31st May 20127:00 amRNSAnnual Information Update
17th May 20123:01 pmRNSAnnual Report and Notice of Annual General Meeting
12th Apr 20127:00 amRNSFinal Results
12th Jan 20127:00 amRNSTrading Statement
9th Jan 20124:01 pmRNSAcquisition
9th Jan 20127:00 amRNSStatement re. Press Comment
19th Dec 20112:28 pmRNSDirector/PDMR Shareholding
16th Dec 20118:00 amRNSDirector/PDMR Shareholding
23rd Nov 20117:00 amRNSInterim Management Statement
21st Sep 20117:00 amRNSHalf Yearly Report
12th Aug 20114:35 pmRNSPrice Monitoring Extension
8th Jul 20114:34 pmRNSResult of AGM
23rd Jun 20111:45 pmRNSResult of AGM
20th Jun 20117:00 amRNSAcquisitions
9th Jun 20117:00 amRNSInterim Management Statement
8th Jun 20119:15 amRNSAnnual Information Update
24th May 20112:49 pmRNSNotice of AGM
13th Apr 20117:00 amRNSFinal Results
16th Mar 20112:17 pmRNSForm 8.3 - JJB Sports Plc
16th Mar 20112:16 pmRNSForm 8.3 - JD Sports Fashion Plc
15th Mar 20111:34 pmRNSForm 8.3 - JJB Sport Plc
14th Mar 20112:19 pmRNSForm 8.3 - JJB Sports Plc
14th Mar 20112:16 pmRNSForm 8.3 - JD Sports Fashion Plc
14th Mar 201111:26 amBUSForm 8.3 - JD Sports Fashion Plc
11th Mar 20113:10 pmRNSForm 8.3 - JD Sports Fashion PLC
11th Mar 201112:06 pmRNSStatement re possible offer
11th Mar 201111:11 amRNSOffer Talks Terminated
11th Mar 201111:02 amBUSForm 8.3 - JD Sports Fashion Plc
10th Mar 20112:12 pmRNSForm 8.3 - JD Sports Fashion PLC
9th Mar 20112:37 pmRNSForm 8.3 - JD Sports Fashion PLC
9th Mar 201111:54 amBUSForm 8.3 - JD Sports Fashion Plc
8th Mar 20112:23 pmRNSForm 8.3 - JD Sports Fashion PLC
8th Mar 201111:51 amBUSForm 8.3 - JD Sports Fashion Plc
7th Mar 201112:24 pmRNSForm 8.3 - JD Sports Fashion PLC
7th Mar 201110:32 amRNSForm 8.5 (EPT/RI)

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.