Margins decline at Sports Direct

Sports Direct International has reported a 12.2 percent increase in group revenues for the 13 weeks ended July 27 to £711.2 million (€904.31m-$1,164.61m). The gross profit rose by 11.8 percent at group level at a slower rate of 11.8 percent, reaching £301.2 million (€383.01m-$493.28m). Operating results were not given for ...

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