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JD Sports 'cautious' due to cash pressures on shoppers
Manchester Evening News
|August 28, 2025
JD SPORTS said it is 'cautious' about trading over the rest of the year due to pressure on consumer finances and the risk of rising unemployment.
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The Manchester firm has released a trading update in which sales fell three per cent in the second quarter and 2.5pc in the first half of the year, though it said those figures were up against tough comparators due to a surge in sales around the 2024 Euros tournament.
The company said it was seeing an improving sales trend and was confident enough in its medium-term growth prospects to announce a £100m share buyback scheme.
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