Sports retailer sounds second profits warning

JJB Sports dealt a further blow to the retail sector today after lowering profits expectations in the wake of a tough Christmas season.

Sports retailer sounds second profits warning
Fri, 07 Jan, 2005 - 09:10

JJB Sports dealt a further blow to the retail sector today after lowering profits expectations in the wake of a tough Christmas season.

The group said turnover in the six weeks to January 2 fell 2%.

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<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

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