JD Sports Fashion Cuts Pretax Profit View After Revenue Growth Missed Expectations

JD Sports Fashion cut its forecast for fiscal 2024 headline pretax profit after revenue growth in the 22 weeks to Dec. 30 fell below expectations.

The London-listed fashion retailer said Thursday that organic revenue growth on a constant-currency basis was 6% in the period, with like-for-like growth of 1.8%, which was slightly below its expectations.