JJB revenue slows

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Wednesday, 06 June 2007
JJB Sports on Wednesday stated total revenue for the 18 weeks to 3 June 2007, including that from retail stores and from health clubs, was 1.2 per cent lower than the same period last year and includes a like-for-like decrease in revenue (on operating units which have been trading for over 52 weeks), of 1.8 per cent.

"For comparison purposes, if all replica kit revenues are taken from total revenues for both the 18 weeks to 3 June and the comparative period, then there would have been an increase in total revenue of 2.6 per cent," said JJB. Non-executive chairman Roger Lane-Smith said "Trading results for the first 18 weeks of the current accounting period is in-line with our expectations and I remain confident that our policies of product differentiation within our retail stores and the expansion of our chain of health clubs, will provide future growth."
 
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