Corporate and M&A

JD Sports lifts annual guidance despite footwear shortages

By Frank Prenesti 2022-05-13T07:36:00

JD Sports Fashion

Britain’s JD Sports Fashion raised its annual profit outlook, despite a global shortage of key footwear styles and indicated upbeat sales so far this year. The company said it now expected profit before tax and exceptional items for the year to January 29 to be about £940 million (€1.1bn) and ...

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