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
83.32    0.66 (0.80%)
Bid:
83.06
Ask:
83.14
Spread: 0.08 (0.096%)
Market Cap: £3.99b
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 Dec 20219:00 amRNSAGM 2021 - Voting Result Update Statement
9th Dec 20217:00 amRNSJD Sports Retains CDP A- Rating for Climate Change
30th Nov 20218:00 amRNSAmendment Notice
30th Nov 20217:00 amRNSDirectorship Change
26th Nov 20213:11 pmRNSResult of GM
22nd Nov 20215:07 pmRNSHolding(s) in Company
16th Nov 20217:00 amRNSDirectorate Appointment
8th Nov 20217:00 amRNSResponse to Media Reports
8th Nov 20217:00 amRNSHolding(s) in Company
4th Nov 20217:07 amRNSUpdate on CMA review of Footasylum acquisition
3rd Nov 20217:00 amRNSRevised date of General Meeting
28th Oct 20217:00 amRNSUpdate re General Meeting
22nd Oct 202112:06 pmRNSLTIP Grant Notification
22nd Oct 20217:00 amRNSAcquisition of Cosmos Sport S.A.
13th Oct 20217:00 amRNSCapital Markets Day
7th Oct 20217:00 amRNSHolding(s) in Company
5th Oct 20211:45 pmRNSProposed Share Sub-division and Notice of GM
14th Sep 20217:00 amRNSInterim Results
9th Sep 20217:00 amRNSDirectorate Appointment
2nd Sep 20217:04 amRNSUpdate on CMA review of Footasylum acquisition
19th Jul 20211:28 pmRNSDirector/PDMR Shareholding
9th Jul 20214:21 pmRNSDirectorship Change
5th Jul 20217:00 amRNSRelated Party Announcement
1st Jul 20214:31 pmRNSResult of AGM
1st Jul 20218:00 amRNSIntergroup sale of Sports Unlimited Retail BV
1st Jul 20217:00 amRNSAGM Trading Update
28th Jun 20217:00 amRNSAcquisition of Deporvillage in Spain
3rd Jun 20217:00 amRNSRelated Party Announcement
1st Jun 20217:00 amRNSResponse to Press Speculation
27th May 20211:50 pmRNSAnnual Report and Accounts and Notice of AGM
7th May 20212:05 pmRNSDirectorate Change
13th Apr 20217:00 amRNSFinal Results
18th Mar 20217:00 amRNSCompletion of the acquisition of DTLR
12th Mar 20217:00 amRNSAcquisition of MIG in Poland
4th Feb 20215:30 pmRNSJD Sports Fashion
4th Feb 20217:00 amRNSResults of Placing and Total Voting Rights
3rd Feb 20214:36 pmRNSProposed Placing of New Ordinary Shares
1st Feb 20217:00 amRNSConditional Agreement for the Acquisition of DTLR
29th Jan 202111:00 amRNSAGM 2020 – Voting Result Update Statement
26th Jan 20215:10 pmRNSReplacement: Response to recent press speculation
26th Jan 20214:20 pmRNSReplacement: Response to recent press speculation
26th Jan 20217:00 amRNSResponse to recent press speculation
11th Jan 20217:00 amRNSTrading Update
17th Dec 202012:00 pmRNSNotice of Trading Update
15th Dec 20207:00 amRNSAcquisition of Shoe Palace in United States
1st Dec 20209:00 amRNSResponse to Press Speculation
13th Nov 20204:16 pmRNSUpdate on CAT review of Footasylum Acquisition
2nd Nov 20201:45 pmRNSDirector/PDMR Shareholding
8th Sep 20207:00 amRNSInterim Results
3rd Aug 202012:36 pmRNSHolding(s) in Company

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.