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JD Sports Fashion Plc
09 June 2010
9 June 2010
JD Sports Fashion Plc
INTERIM MANAGEMENT STATEMENT
JD Sports Fashion Plc (the "Group"), the leading retailer and distributor of sport inspired fashion apparel, footwear and
young fashion, today releases the following Interim Management Statement for the period from 31 January to 5 June 2010,
ahead of today's Annual General Meeting.
In the Preliminary Announcement of the Group's results for the 52 week period ended 30 January 2010, issued on 14 April
2010, the Group reported UK and Ireland like for like retail sales growth of 2.0% (Sports Fascias 3.0%; Fashion Fascias
-3.5%) for the 10 weeks ended 10 April 2010.
We are pleased to report that, after a further 8 weeks of trading to 5 June 2010, cumulative UK and Ireland like for like
retail sales growth has improved to 4.1% (Sports Fascias 5.1%; Fashion Fascias -1.2%). The Sports Fascias performance
continues to be satisfactory and has been positively influenced in recent weeks by the upcoming World Cup. It is also
pleasing to confirm that the trend of performance in both Fashion Fascias has been positive over the last eight weeks
resulting in Bank now showing 0.3% like for like growth over the eighteen week period to 5 June 2010 and Scotts showing a
reduced decline of 4.4%. Margins achieved have continued to be encouraging, with particularly satisfactory progress in the
Fashion Fascias.
Chausport's good start to the year has continued and the Board remains satisfied with the foundations being built for
future profit growth in other recently acquired businesses.
The Group will provide its next trading update with the Interim Results Announcement on 21 September 2010.
Enquiries:
JD Sports Fashion Plc Tel: 0161 767 1000
Peter Cowgill, Executive Chairman
Barry Bown, Chief Executive
Brian Small, Finance Director
Hogarth Tel: 0207 357 9477
Andrew Jaques
Barnaby Fry
Ian Payne
This information is provided by RNS
The company news service from the London Stock Exchange