Tag: Bury

JD Sports Reports 1.7% LFL Sales Drop, Lowers Profit Forecast Amid Nike Demand Slump

JD Sports Reports 1.7% LFL Sales Drop, Lowers Profit Forecast Amid Nike Demand Slump

JD Sports Fashion plc slashed its profit forecast amid a 1.7% LFL sales drop, citing weak consumer demand and Nike’s product cycle slump. Shares fell 1% as Asia grew 13.3% and the 2026 World Cup looms as a potential rebound catalyst.

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