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
83.22    0.56 (0.68%)
Bid:
83.16
Ask:
83.26
Spread: 0.10 (0.12%)
Market Cap: £3.98b
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
31st Mar 20265:27 pmRNSTransaction in Own Shares
30th Mar 20265:43 pmRNSTransaction in Own Shares
27th Mar 20265:29 pmRNSTransaction in Own Shares
26th Mar 20265:33 pmRNSTransaction in Own Shares
26th Mar 20261:15 pmRNSDirector/PDMR Shareholding
25th Mar 20265:30 pmRNSTransaction in Own Shares
24th Mar 20265:34 pmRNSTransaction in Own Shares
20th Mar 20266:00 pmRNSTransaction in Own Shares
19th Mar 20265:22 pmRNSTransaction in Own Shares
18th Mar 20265:32 pmRNSTransaction in Own Shares
17th Mar 20265:27 pmRNSTransaction in Own Shares
16th Mar 20265:29 pmRNSTransaction in Own Shares
13th Mar 20265:32 pmRNSTransaction in Own Shares
12th Mar 20265:31 pmRNSTransaction in Own Shares
11th Mar 20265:37 pmRNSTransaction in Own Shares
10th Mar 20265:38 pmRNSTransaction in Own Shares
6th Mar 20265:38 pmRNSTransaction in Own Shares
5th Mar 20265:28 pmRNSTransaction in Own Shares
4th Mar 20265:21 pmRNSTransaction in Own Shares
3rd Mar 20266:09 pmRNSTransaction in Own Shares
2nd Mar 20265:22 pmRNSTransaction in Own Shares
2nd Mar 202611:28 amRNSTotal Voting Rights
27th Feb 20265:52 pmRNSTransaction in Own Shares
26th Feb 20265:52 pmRNSTransaction in Own Shares
25th Feb 20265:32 pmRNSTransaction in Own Shares
24th Feb 20265:34 pmRNSTransaction in Own Shares
24th Feb 20267:00 amRNSTransaction in Own Shares
23rd Feb 20267:00 amRNSLAUNCH OF NEW £200m SHARE BUYBACK PROGRAMME
2nd Feb 20267:00 amRNSJD Sports Fashion plc - Total Voting Rights
21st Jan 20267:00 amRNSQ4 2025/26 TRADING UPDATE
2nd Jan 20267:00 amRNSTotal Voting Rights
2nd Jan 20267:00 amRNSTotal Voting Rights
22nd Dec 20257:00 amRNSBlock listing Interim Review
22nd Dec 20257:00 amRNSBlock listing Interim Review
17th Dec 20255:47 pmRNSCompletion of £100 million Share Buyback
17th Dec 20255:23 pmRNSTransaction in Own Shares
16th Dec 20255:18 pmRNSTransaction in Own Shares
15th Dec 20255:13 pmRNSTransaction in Own Shares
12th Dec 20255:06 pmRNSTransaction in Own Shares
11th Dec 20255:13 pmRNSTransaction in Own Shares
10th Dec 20255:14 pmRNSTransaction in Own Shares
9th Dec 20255:31 pmRNSTransaction in Own Shares
8th Dec 20255:06 pmRNSTransaction in Own Shares
5th Dec 20255:00 pmRNSTransaction in Own Shares
4th Dec 20255:18 pmRNSTransaction in Own Shares
4th Dec 202512:58 pmRNSStandard form for notification of major holdings
4th Dec 202512:58 pmRNSStandard form for notification of major holdings
3rd Dec 20254:54 pmRNSTransaction in Own Shares
2nd Dec 20255:21 pmRNSTransaction in Own Shares
1st Dec 20255:16 pmRNSTransaction in Own Shares

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.