JD Sports has demonstrated the "strength and agility" of its "multi-brand model” after releasing its latest sales figures.
The worldwide sports retailer, which has its headquarters in Bury, has expressed its delight after publishing its trading outcome summary for the 13 weeks leading up to August 3.
The firm expanded in several areas in that time, including the acquisition of major American sportswear firm Hibbett in a deal worth around £878m.
CEO of JD Sports Fashion Plc, Régis Schultz, said: “I am pleased to report like-for-like sales growth of 2.4 per cent and organic sales growth of 8.3 per cent in the second quarter, demonstrating the strength and agility of our multi-brand model.
"In particular, we saw double-digit organic sales growth in North America and Europe, supported by the continued success of our JD store rollout programme.
"We completed the acquisition of Hibbett, Inc. just before the period end and we look forward to its contribution to the growth and development of our US business in the coming years.
"Based on our first-half trading, we remain on track to deliver profit within our full-year guidance.”
The business noted that although the overall market remains "volatile", it showed "good promotional discipline" and "managed inventory proactively to support gross margins in the period".
But due to the "volatile" nature of the "global macro environment", the company will "continue to be cautious" on its outlook for the rest of the year.
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