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JD Sports in a league of their own

JD Sports will posts its annual profits on Thursday, and is expected to show as one of the retail sector's better performers on the high street, with pre-tax profits expected to have fallen to about £72 m from £81.6m.

JD, who recently acquired Blacks Leisure for £20m, is expected to tell the market that the underlying trading picture remains resilient which is in stark contrast to rival JJB Sports, whose losses and trading problems has seen American sports retail giant, Dick’s Sporting Goods give a £20m lifeline.

JD reported a 0.1 per cent like-for-like sales growth in the five weeks to 7 January, following a 4 per cent fall in October and January to the City.

SL

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