A retailer of sports and outdoor wear, JD Sports Fashion Plc’srevenue increased to £8.563 billion from £6.167 billion, with gross profit increasing to 49.1 per cent from 48 per cent.
The company’s profit before tax increased to £654.7 million from £324 million in the previous year, during the 52-weeks ending January 29, 2022.
The Sports Fashion retail chains in the United Kingdom and Republic of Ireland, as well as North America, delivered strong results in the previous year, though Europe and Asia-Pacific were challenging.
Outdoorwear garments returned to profitability thanks to increased demand for vacations, with a profit before tax and exceptional items of £25.9 million.
The result demonstrates the company’s capacity for growth in both existing and new markets, and the strength of its global proposition and consumer engagement in store and online, says Helen Ashton, Interim Chair, JD Sports.
