Cost-of-living pressures weigh on profits at JD Sports
The retailer posted a 0.7% decline in sales to £5.9bn in the 26 weeks to 1 August, with like-for-like sale down 2.8%. Operating profits were 20.5% lower at £294m, while pre-tax profits before adjusting items slid 19.7% to £282m.In North America, its biggest region, like-for-like sales fell 4% to £2…