Overview

• Adjusted profit before tax fell 13.5% to £351 million for the 26 weeks to 2 August, in line with company guidance.
• Group like‑for‑like sales declined 2.5% to £5.94 billion, with North America down about 3.8% and the UK down 3.3%.
• JD closed 13 UK stores as it reshaped its estate, while total revenue rose 18% and organic sales grew 2.7% helped by the Hibbett and Courir acquisitions.
• Management expects minimal tariff effects this financial year given limited direct exposure in the U.S., but flags uncertainty over longer‑term demand.
• Operating profit before adjusting items slipped 8.2% to £369 million as labour, property and technology costs rose, and the company remains cautious about second‑half trading.