Following consistent growth in fiscal 2025, JD Sports’ shares increased by about 14 per cent on Wednesday, even though the company entered a “volatile” market sparked by Trump’s reciprocal tariffs imposed last week.
Despite a “challenging market,” the UK-based athletic retailer reports that like-for-like revenue grew by 0.3 per cent in the fourth quarter of fiscal 2025. Strong performance in Europe drove revenue growth of 5.6 per cent.
Regarding retail, the corporation reported that it had 4,850 locations by the end of fiscal 2025, up from 1,533 at the beginning of the fiscal year. The 1,485 stores that were obtained by acquiring both Hibbett in the United States and Courir in France are included in this total.
CEO Schultz acknowledged that while the global sports fashion industry remains appealing and expanding, the company now expects more moderate growth over the medium term.
Prior to answering questions from analysts, Schultz stated that he expected a number of questions regarding tariffs but chose not to discuss the subject. “We are currently analysing the tariffs and we are taking a look at,” he stated. Although it is a very serious issue, the situation is probably going to change. It is unstable.
