JD Sports Posts Underlying Sales Decline In Christmas Quarter

Jan 21 (Reuters) - JD Sports Fashion PLC JD.L:

• Q4 2025/26 TRADING UPDATE

• EXPECT FY26 PROFIT BEFORE TAX AND ADJUSTING ITEMS (PBTAI) TO BE IN LINE WITH CURRENT MARKET EXPECTATIONS

• EXPECT FULL YEAR PROFIT IN LINE WITH CURRENT MARKET EXPECTATIONS

• GROUP Q4 TO-DATE ORGANIC SALES GROWTH +1.4%. LIKE-FOR-LIKE (LFL) SALES OF -1.8%

• ANTICIPATE FY26 GROSS MARGIN % FOR GROUP TO BE C.50BPS LOWER YOY

• CURRENTLY ANTICIPATE A PERIOD OF MUTED MARKET GROWTH IN FY27

• NORTH AMERICA Q4 TO DATE SALES: LFL +1.5%, ORGANIC +5.3%

• UK Q4 TO DATE SALES: LFL -5.3%, ORGANIC -4.8%

• Q4 TO-DATE EUROPE LIKE-FOR-LIKE SALES -3.4%