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Article Date: July 2020
Word Count: 641

JD Sports, With Boost from U.S., Reports Solid Growth in 2019


Pre-tax income rose 8% to £375.3 million ($468.9 mm) from £348.5 million as revenues jumped 30% to £6,110.8 million ($7,635.1 mm) from £4,717.8 million with this year’s results including charges of £90.3 million in accounting and goodwill impairment adjustments. The U.S. business consisting of 508 Finish Line and 11 JD stores delivered operating profit of £94.2 million ($117.7 mm) against £26.6 million for the 33 weeks it owned Little Foot last year as revenues rose 67% over the 52 weeks to £1,611.0 million ($2,012.8 mm) from £967.3 million.

 

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