News 16 april — 13:50

JD Sports' annual profit rises despite retail challenges in UK

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 JD Sports Fashion Plc reported better-than-expected full-year earnings on Tuesday, benefiting from an expansion push in a tough retail environment at home, Euronews reports.

Britain's biggest sportswear retailer, whose shopping website lists brands including Nike, Puma and Adidas, said headline pretax profit jumped 15.5 percent to 355.2 million pounds for the 53 weeks ended Feb. 3.

As per company-supplied consensus, analysts had estimated a pretax profit of 349.2 million pounds for the year.

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