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JD Sports reports a 2.5% sales drop amid consumer financial pressures and UK sales decline.
JD Sports, a UK sportswear retailer, is cautious about future trading due to financial pressures on consumers and potential job losses.
Despite strong progress in the US, the company reported a 2.5% drop in sales over six months, with UK sales down 3.3% due to a 6.1% drop in the latest quarter.
The company sees resilient apparel sales across Europe and the UK and boosted footwear sales from new products.
JD Sports does not expect direct impacts from new US tariffs but remains watchful of trading conditions.
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JD Sports informa una caída de ventas del 2,5% en medio de las presiones financieras de los consumidores y la caída de las ventas en el Reino Unido.