JD Sports reinstates outlook as stores reopen

Sept 8 (Reuters) - Britain’s biggest sportswear retailer JD Sports 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 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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