Sales up at John David Group
Total Group revenue increased by 12.6 per cent and by 3.1 per cent on a like for like basis.
Revenue increased by 3.2 per cent on a like for like basis in the Sports Fascias (excluding Allsports and the newly acquired airport stores). The Fashion Fascias like for like sales performance was up 2.0 per cent cumulatively in the half year period.
Peter Cowgill, Executive Chairman, said “Trading since the period end has been satisfactory with year to date like forlike sales to 23 September 2006 in the JD Sports Fascias now up by 4.0%
(excluding Allsports and the newly acquired airport stores). The Fashion Fascias like for like sales for the same period are now up by 5.7% against weak comparatives. Overall the Board expects results to continue to improve with trading to date currently running marginally ahead of market expectations. Our final result remains heavily dependent upon sales performance during the key Christmas trading period.’
