JD Sports reported a 66% jump in earnings, a 20% rise in revenue and a 10% increase in like-for-like sales in the six months ended 30 July, benefiting from the buoyant athleisure market.
The 66% increase – which took pretax profit before exceptional items to £77.4m – exceeded reasonable expectations, coming on top of a record result the previous year, executive chairman Peter Cowgill said.
The company has already opened 20 new European stores so far this financial year, and is planning more.
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