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Sales soar at JD Sports but pandemic will hit full-year results

JD Sports posted surprising results and impressive revenue before the start of the global pandemic. The sporting giant saw sales increase 30 percent to 6.1 billion pounds, beating forecasts whilst pre-tax profits rose 3 percent to 348.5 million pounds. Nigel Frith, Senior Market Analyst at AskTraders.com, said shoppers are cautious about malls...

7 Jul 2020