Analysis on the brand’s and retailer’s financial performance in the sporting goods industry including annual and quarterly updates, regional break-down, channel and segment growth.
CEO Torsten Jansson: ”We are opening another warehouse in the south of the US to improve customer service in that region.”
The company’s revenues grew by nearly €700 million and reached €6.153 billion in Q1.
MS Sports Company Limited reports retail trends for its core Xtep and Saucony brands.
The Chinese brand’s in-store sales of core branded products improved 10 percent to 15 percent in the first quarter of 2025.
The company looks at the next growth phase.
The company’s full-year consolidated turnover has exceeded €200 million for the first time.
In its recently completed FY25, JD Sports posted organic revenue growth of 5.8 percent and profit before tax and adjusted items in line with its January guidance range of £915-£930 million (€1.06-1.09b).