JD Sports bullish after record first-half earnings

The company expects a headline pre-tax profit for the full year ending January 29, 2022, of at least £750m

JD Sports, which withheld its interim dividend, said it will consider paying a larger final dividend depending on its performance.

JD Sports has reported a record first-half profit as lockdowns eased and people visited its shops in Britain and Ireland, sending its shares to an all-time high as investors looked past the scrapped dividend and looked ahead to the holiday season.

The company said it expects earnings in the year ending January 29 to more than double from a year earlier even as it navigates global supply chain constraints and Brexit disruptions, which it said limited its sales.