(Alliance News) - JD Sports Fashion PLC on Tuesday said it will delay the release of its annual results by two days.

The Manchester, England-based sportswear retailer announced it will now release its results for the 53 weeks to February 3 on Friday this week, rather than Wednesday.

JD Sports said it will meet the guidance it had set out in March and outperform the overall sportswear market.

The company expects to report adjusted pretax profit between GBP915 million to GBP935 million, down from GBP991.4 million in financial 2023.

JD Sports shares were up 5.7% to 128.40 pence each in London midday Tuesday.

By Elijah Dale, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.