Record-Breaking Revenue
For the first time, JD's revenues surpassed the £5 billion milestone, reflecting a growth of 5.2% reported and 6.8% on a constant-currency basis.
Strong Performance in North America and Europe
North America revenue grew by 16% while Europe saw a 6% increase, with North America now accounting for 35% of total revenues.
Hibbett Acquisition
Completed the acquisition of Hibbett, adding over 1,100 stores and contributing £61 million to revenue within 10 days of ownership.
Operating Margin and Cash Flow
Operating margin increased by 20 basis points including Hibbett, and the company generated an operating cash flow of close to £300 million.
International Expansion
JD's share of business outside the U.K. now stands at 70%, reflecting a significant strategic shift towards more international growth.
Positive Like-for-Like Sales Growth
Achieved like-for-like sales growth of 0.7% and organic sales growth of 6.4%.