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Sports fashion bucks the gloomy retail trend with impressive trading update
Thursday 18 Jan 2018 Author: Tom Sieber

Retailer JD Sports Fashion (JD.) is in buoyant mood after it upgraded profit guidance for the second time since September 2017.

It now expects pre-tax profit for the year to 3 February 2018 to come in at £300m. That’s marginally above the top end of previous market expectations which were in a range of £270m to £295m. JD’s shares are up more than 10-fold in the last five years to 389.1p. (TS)

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