Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View 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
85.70    0.44 (0.52%)
Bid:
85.40
Ask:
85.48
Spread: 0.08 (0.094%)
Market Cap: £4.10b
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
22nd Dec 200610:30 amRNSNotice of Trading Update
11th Dec 20063:05 pmRNSShares in Issue
23rd Oct 20062:56 pmRNSAnnual Information Update
28th Sep 20067:04 amRNSInterim Results
27th Sep 20063:54 pmRNSHolding(s) in Company
20th Jul 20061:50 pmRNSResult of AGM
20th Jul 20067:00 amRNSAGM Statement
21st Jun 20063:45 pmRNSHolding(s) in Company
9th Jun 20064:41 pmRNSSecond Price Monitoring Extn
9th Jun 20064:36 pmRNSPrice Monitoring Extension
4th May 20067:01 amRNSFinal Results
4th Apr 20061:56 pmRNSNotice of Results
8th Mar 200611:18 amRNSMerger Update
1st Mar 200612:00 pmRNSMerger Update
28th Feb 20063:28 pmRNSHolding(s) in Company
28th Feb 20061:27 pmRNSHolding(s) in Company
13th Feb 20065:35 pmRNSHolding(s) in Company
13th Feb 20065:30 pmRNSHolding(s) in Company
19th Jan 200611:28 amRNSHolding(s) in Company
17th Jan 20067:00 amRNSTrading Statement
9th Jan 20064:15 pmRNSEGM Statement
14th Dec 200511:00 amRNSMerger Update
22nd Nov 20057:01 amRNSHolding(s) in Company
10th Nov 20059:51 amRNSHolding(s) in Company
1st Nov 200511:40 amRNSSAR 3 - (John David Group pl)
31st Oct 20057:01 amRNSAcquisition of Allsports
24th Oct 200512:05 pmRNSHolding(s) in Company
20th Oct 200512:11 pmRNSSAR 5 - John David Group
20th Oct 200511:55 amRNSSAR 3- (John David Group plc)
5th Oct 20057:01 amRNSIFRS statement
5th Oct 20057:00 amRNSInterim Results
25th Jul 20054:36 pmRNSDirector/PDMR Shareholding
21st Jul 20054:08 pmRNSResult of AGM
21st Jul 20057:01 amRNSAGM Statement
1st Jul 20053:00 pmRNSMerger Update
23rd Jun 20058:00 amRNSOffer Update
3rd Jun 20057:00 amRNSDirectorate Change
1st Jun 200512:12 pmRNSRule 8.3- John David Group
1st Jun 20057:05 amRNSJDSports offer Unconditional
27th May 20053:00 pmRNSMerger Update
25th May 20053:27 pmRNSResponse to Cash Offer
19th May 20059:17 amRNSEPT Disclosure
18th May 200510:11 amRNSRule 8.3- John David Group
17th May 20058:37 amRNSEPT Disclosure
13th May 20058:21 amRNSEPT Disclosure
12th May 20056:34 pmRNSStatement re. Press Comment
12th May 20059:45 amRNSEPT Disclosure
11th May 20055:43 pmRNSRule 2.10 Ancmnt- Correction
11th May 20054:48 pmRNSRule 2.10 Announcement
11th May 200512:03 pmRNSOffer Update

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.