JD Sports Flags Trading Uncertainty Linked to New US Tariff Rules

The retailer reports steady profits and sales while monitoring potential impacts on its US and Vietnam-dependent revenue streams.

JD Sports has warned of volatile trading conditions for 2025 due to uncertainty surrounding newly introduced US tariff rules.
The company confirmed that its profits and sales for the past year are in line with forecasts, despite challenging market conditions.
Nearly 40% of JD Sports' revenue comes from the US, with additional exposure to high import taxes on products manufactured in Vietnam.
The firm plans to open 150 new stores, renovate 100 locations, and close 50 outlets, primarily in Eastern Europe, as part of its ongoing retail expansion strategy.
JD Sports reported slight revenue growth in the last quarter, driven by its European business, and forecasts pre-tax profits between £915 million and £935 million for the year.