JD Sports LFL sales up 5% YTD
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Sportswear retailer JD Sports said on Friday that like-for-like sales were up 5% year-to-date, leading the group to reiterate guidance for full-year headline pre-tax profits in line with its record performance in the year ended 29 January.
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JD Sports also expects that the phasing of profits in the current trading year will reflect "a more normalised trading pattern", with approximately 35-40% of profits generated in the first half.
The FTSE 100-listed firm anticipates reporting its interim results for six months ended 30 July in the second half of September.
Reporting by Iain Gilbert at Sharecast.com