DTLR news and archive

JD Sports cautious about H2 trading but reaffirms outlook

In an interim results announcement for the first half period, JD Sports Fashion has reported a 19 percent drop in pre-tax profits to 298 million pounds. The company’s total group revenue came in at 4.4 billion pounds. Total revenue growth in organic retail businesses was up 5 percent with that level of growth continuing in the second half to...

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JD Sports profit doubles, revenues up 38 percent

Total revenue at JD Sports Fashion Plc for the year increased by 38.8 percent to 8,563 million pounds significantly influenced by the impact of the recent acquisitions. The company said in a release that total gross margin for the year increased to 49.1 percent and pre-tax profit doubled to 947.2 million pounds. The company plans to propose an...

Business

JD Sports completes acquisition of DTLR

JD Sports has completed its 495 million dollar acquisition of US footwear label DTLR. “We are delighted that this transaction, which gives us an enhanced presence in the north and east of the United States, has now formally completed,” said JD Sports chairman Peter Cowgill in a statement. He continued: “We look forward to working with the...