Sports Direct International confirmed its objective to reach underlying earnings before amortization of £215 million (€247.1m-$343.1m) for the present financial year as it reported double-digit increases in sales and gross profits for the first nine weeks of its second quarter, ended Sept. 25. Excluding the results of the recently formed premium lifestyle division, total revenues went up by 11.5 percent to £329 million (€378.1m-$525.0m) over the period, generating 12 percent higher gross profit of £131 million (€150.6m-$209.0m). In particular, retail sales rose by 12.1 percent to £296 million (€340.2m-$472.3m), leading to 13.3 percent more gross profit of £119 million (€136.8m-$189.9m). The management said Sports Direct has continued to invest in margin, inventory and additional group marketing.

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