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Story summary
- JD Sports reported a 19.7% fall in adjusted pre-tax profit to £282 million for the first half.
- Group like-for-like sales slipped 2.8% in the six months to 1 August.
- Shares fell 3.5% to 75p after the earnings release.
- North America sales fell 4%, contributing to a 0.7% revenue decline to £5.9 billion.
- JD Sports announced a franchise plan to open over 140 stores in Mexico starting 2027.
