JD Sports profits drop 64.3% in H1 despite record sales of £5bn
Like-for-like sales in Europe rose by 1.7% and 3.3% in North America during the first half, while trading in the Asia-Pacific region saw negative growth against a year prior
JD Sports has reported that its profit before tax fell by 64.3% to £126m during the 26 weeks to 3 August, despite revenues rising 5.2% to a record £5bn in the period.