By Reuters Staff
FILE PHOTO: A JD Sports store is seen boarded up in Oxford Street, London, Britain, June 7, 2020. REUTERS/Hannah McKay
(Reuters) – Britain’s biggest sportswear retailer JD Sports JD.L reinstated its annual guidance saying it was encouraged by its performance since stores reopened, as it posted a lower first-half pretax profit due to coronavirus-driven closures.
The owner of Footpatrol and Cloggs said reut.rs/3m3mAH4 on Tuesday it expects a full-year headline pretax profit of at least 265 million pounds ($348.63 million) and reported that pretax profit fell 68% to 41.5 million pounds for the six months ended Aug. 1.
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JD Sports reinstates outlook as stores reopen – Reuters UK
