Finish Line Parent Raises Guidance on Strong Holiday Sales
JD Sports said that robust sales during the Holiday season sent comp sales for the 22 weeks ended Jan. 2 up more than 5%, and it now expects full year EBIT of at least £400 million ($540 mm). Current market expectations were for a pre-tax profit of about £295 million for the fiscal year, which ends on Jan. 30, and JD has guided for full-year EBIT of £265 million at the end of H1. Looking ... Log in to view full article.
