April 11 Britain's JD Sports Fashion Plc
posted a 55 percent rise in full-year headline pretax profit as
demand for leisurewear products remained firm.
JD Sports, which alongside its core sports retail business
runs fashion and outdoor retail outlets such as Scotts and
Blacks, said headline profit before tax and exceptional items
rose to a record 244.8 million pounds ($304 million) from 157.1
million a year earlier.
Like-for-like store sales at its core sports fashion
business rose 10 percent but the company said it was
"unreasonable" to expect like-for-like sales growth to be
maintained at this level.
The company, which rivals Mike Ashley-owned Sports Direct
in Britain, warned that external influences, such as
inflationary pressures arising from Brexit, may impact trading
in the latter part of the year.
($1 = 0.8052 pounds)
(Reporting by Rahul B in Bengaluru; editing by Jason Neely)