JD Sports lowers full-year profit outlook after sales decline
JD Sports lowers its full-year 2026/27 pre-tax profit outlook to £700M to £800M from £750M to £850M after reporting a steeper second-quarter underlying sales decline, especially in North America.
JDSPY UK's JD Sports falls after Co lowers annual profit outlook (DKS -4.6% on this, watch NKE too -3%, as they are supplier to JD sports) Shares of British Sportswear retailer JD Sports JD.L down as much as 16% at 78.48 Pence -Company lowers full-year profit outlook as it reported steeper decline in second-quarter underlying sales, particularly in its key north American market -JD expects full-year 2026/27 pre-tax profit of £700M to £800M ($1.09B) vs previous forecast of £750M to £850M