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    JD Sports downgrades profit outlook amid sales decline

    20 minutes ago

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    JD Sports has reported a 3.1% decline in global sales over the past 13 weeks, primarily due to cost-of-living pressures affecting consumer spending. While UK sales rose by 0.8% thanks to football kit demand, North America saw a 6.8% drop. The retailer now expects pre-tax profits between £700 million and £800 million, down from previous estimates.
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