14 January 2025 - trading update

The leading global retailer of sports, fashion and outdoor brands has issued a trading update for the nine weeks to 4 January which includes the important Christmas period.  This saw organic revenue growth of 3.4% over the period despite current market headwinds although, as a result of the latter, adjusted pre-tax profits for the year to 31 January are now expected to be in the range £915m- £935m as against the £960m previously forecast.  The company has resisted the urge to take part in the high level of promotional activity seen in the . . .

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