JD Sports Posts 19.7 Percent Profit Drop
British retailer JD Sports reported a 19.7 percent drop in first-half profit on Wednesday driven by weakness in North America. The company maintained its downgraded full-year earnings outlook as consumer pressures persisted.
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JD SPORTS FASHION PLC posted a 19.7% drop in first-half profit on Wednesday morning, hit by weak demand in North America.
