The British retail group JD Sports Fashion Plc continues to see itself on course. At the Annual General Meeting on Friday, management confirmed its earnings forecast for the current 2022/23 financial year.
The retailer had already announced in June that it was able to increase its sales by five percent on a comparable basis in the first four months of the financial year that began at the end of January. The group has now announced that this growth rate was maintained in June. He therefore continues to assume that in the current year earnings before taxes adjusted for special effects will be at the record level of the previous year.
At the same time, the company announced that the search for a new CEO is still ongoing. Chairman Andrew Higginson, who has been in office since July 11, is now also involved in the process. For the time being, Kath Smith will continue to act as interim CEO. She is “working well with the leadership team to realize the Group’s strategic goals and enhance current global growth opportunities,” the company said in a statement.