Revenue jumped 41% to £1.3 billion, the company said in a statement on Tuesday, and pre-tax profit rose 33% to £102.7 million.
Sales at sportswear shop JD Sports jumped by 40% in the first half of 2017, as the retailer enjoyed a record six months. Think yoga trousers, a Nike top, and the latest Adidas trainers.
"We expect the year end outturn to be towards the upper end of market expectations, which now range from approximately GBP268 million to GBP290 million, and remain confident that we are appropriately positioned to deliver further profitable growth and enhance long-term shareholder value", he added.
"We have strengthened our foundations by significant progression internationally both instore and online so that the JD fascia now has a much broader store and multichannel consumer reach and brand influence globally". There was also a net increase of 23 JD stores across mainland Europe, as well as the first store in Australia and additional stores in Malaysia.
Sushma Swaraj Confirms Release Of Kerala Priest Abducted Last Year In Yemen
External Affairs Minister Sushma Swaraj confirmed the news via her Twitter handle at 3:45 pm on Tuesday, September 12. The priest had made an emotional appeal for his release in a video sent by his captors in the last week of December.
Frankfurt 2017: BMW iVision Dynamics Concept Sedan Unveiled
BMW says it will have 25 electrified models in its lineup by 2025, 12 of which will be fully electric. The i Vision Dynamic coupe is just a concept for now, but BMW insists it will go on sale.
Florida evacuees seek safety in North Carolina
Governor Cooper urged continued caution and preparedness, despite Hurricane Irma's current path towards Tennessee. Troops will remain positioned in Charlotte and Asheville.
It said full-year profits were now set to come in towards the upper end of market expectations, which are currently in the range of £268 million to £290 million.
Go Outdoors, which JD recently acquired, delivered profits for the first time seeing a £100,000 operating profit, compared to a £2.3 million loss previous year. Excluding the impact of new store openings, in-store sales rose 3% in the period.
Profits at JD Sports, the sportswear retailer, have jumped by 33 per cent to a new record high thanks to a strong performance in the United Kingdom and Ireland and growth in its online and global businesses.