Q2 Earnings: JD Sports Reports Record Earnings + More

FN keeps track of all of our earnings coverage for retailers and footwear companies here. September 14: JD Sports Fashion Plc (JD.L), which owns Shoe Palace Corp., Finish Line, DTLR Villa LLC., and more released results for the first half of the year. Earnings: Pre-tax profit for the first half of the year was £364.6 million, or $505.88 million, compared with £41.5m,or about $57 million from the same time a year ago. Sales: Revenues grew 52% to £3.89 billion, or $5.4 billion. Executive Comments: “We remain absolutely confident that our inherent strengths in retail dynamics and operations provide us with a robust platform to make further progress,” said Executive Chairman Peter Cowgill. CREDIT: Courtesy September 9: Academy Sports + Outdoors (ASO) Earnings: Net income was $190.5 million compared to $167.7 million. Diluted earnings per share were $1.99, marking a decline from $2.25 per share due to an increase in shares and higher federal income tax. Sales: Net sales increased 11.5%, reaching a record quarterly high of $1.79 billion. CEO Comments: “The Academy Sports + Outdoors team delivered the best quarterly financial results in the Company’s history as we surpassed the very strong store comparables from last year,” said chairman and CEO Ken Hicks. “We plan to build on this

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