JD Sports activities revenue falls amid rising inflation and provide chain woes

Pre-tax income at JD Sports activities got here in at £298.3m in the course of the interval, a fall of 18%, and down from £364.6m the 12 months earlier than. Photograph: Press Affiliation

JD Sports activities (JD.L) noticed its shares fall greater than 4% in London after it reported a droop in income within the first half of the 12 months.

The sports activities retailer blamed rising inflation and provide chain points affecting worldwide manufacturers, which dragged down the inventory of trainers.

Though the outcomes have been on the high finish of its expectations, pre-tax income got here

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