The results of JD Sports Fashion PLC were largely inspired in the fourth quarter of the 2024/25 financial year by strong figures in Europe. The British sports fashion group ended the year with organic sales growth of 5.8 percent and planned to open 150 new businesses in the current financial year, the company said in an intermediate announcement on Wednesday.
JD Sports recorded an organic sales increase of 5.6 percent in the fourth quarter, which was completed on February 1, 2025. The area -adjusted sales growth was 0.3 percent. The growing sales volume was primarily due to the European market, where the company was able to increase by 11.4 percent. In the Asia-Pacific region, the proceeds also grew by 11.4 percent, while the North American and British sales markets developed with 3.9 percent or 0.8 percent less.
At the end of the 2024/25 financial year, the British company had around 4,850 branches. That was 1,533 more than a year earlier. 1,485 shops were added through the takeovers of the Hibbett and Courir.
In the entire financial year, the turnover of JD Sports rose organically by 5.8 percent and adjusted for space by 0.3 percent. From a geographical point of view, Europe was the strongest market with an organic sales increase of 10.5 percent, followed by the Asian-Pacific area (+9.5 percent) and North America (+7.5 percent). In the UK, revenues decreased by 0.7 percent.
In the financial year 2025/26, JD Sports started with results that were in line with expectations, the statement said. However, the company noted that “the effects of recent customs developments are still unsure”. The group is therefore in steady contact with branded partners, but “think it is too early to say something about the possible consequences”.
In the 2025/26 financial year there will definitely be business openings and some closings. JD Sports is currently expecting 150 new stores and the renovation or laying of around a hundred shops. In addition, around fifty shops in Eastern Europe are closed. The company currently expects that the area -adjusted sales will be lower in the current financial year than in the previous year.
His complete results for the fourth quarter of 2024/25 and the entire financial year wants to publish JD Sports on May 21.
This article was used with digital tools translated.
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