Strong Organic Growth and Market Share Gains
JD Sports reported a 20% year-on-year increase in total sales at constant FX rates, with organic sales growth of 2.7%. The company gained market share in North America and Europe, reflecting a robust strategic execution.
Resilient Cash Flow and Dividend Consistency
The company delivered a 5% increase in operating cash flow to GBP 546 million and declared an interim dividend consistent with the prior year, demonstrating strong cash generation capabilities.
Strategic Store Expansions and Brand Awareness
JD Sports opened a net of 52 new stores in the U.S., converting Finish Line stores to JD, which resulted in a significant uplift in sales. Brand awareness in key U.S. markets increased from 34% to 59%.
Apparel Sales Growth
Organic apparel sales grew by 6% year-on-year, driven by a strong performance in performance apparel and street fashion, highlighting the strength of JD's multi-brand and agile business model.
Limited Impact from U.S. Tariffs
JD anticipates a limited financial impact from U.S. tariffs in the current reporting year, with direct exposure estimated at less than $10 million annually due to effective sourcing diversification.