JJB: Christmas trading improved
06/01/2012
Struggling UK sportswear retailer JJB Sports said trading improved in its second half and it achieved a Christmas outcome in line with expectations that were revised down after an October profit warning. The retailer said on 5 January 2012 that sales at stores open over a year increased 5% in the four weeks to 26 December 2011, while cash gross margin rose 6%.