0922 GMT - JD Sports faces about 30 million pounds in additional costs from the recent U.K. budget in fiscal 2026, Panmure analysts Anubhav Malhotra and Wayne Brown say. As a result, the analysts see limited scope for like-for-like profit growth by the British sportswear fashion retailer. JD Sports maintained its gross margin discipline across both stores and online by not engaging fully in promotional activity, they note. Shares are down 10.6%. (cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
January 14, 2025 04:22 ET (09:22 GMT)
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