JD Sports lowers profit forecast amid challenging Q2 trading

UK-based retail group JD Sports Fashion (JD Group) has revised its full-year profit guidance downward following a challenging second quarter. The group now anticipates profit before tax and adjusting items of between 700 million pounds and 800 million pounds (953 to 1,089 million dollars) for the fiscal year 2027, compared to the previously guided range of 750 million pounds to 850 million pounds.