JD Sports Fashion reported a 13.5% drop in first-half profit on Wednesday, citing weak U.S. sales, but reaffirmed its annual forecast and maintained a cautious outlook on market conditions.

The FTSE 100-listed retailer, which generates nearly 40% of its revenue in the United States through its JD Sports, Hibbett, DTLR, and Shoe Palace stores, said it expects only a limited impact from U.S. President Donald Trump 's tariffs during the fiscal year.

JD Sports expects full-year profit before tax and adjusted items to be in line with current market expectations, which range between £853 million and £914 million ($976.26 million to $1.05 billion), with a consensus at £878 million.

For the first half, which ended August 2, the group posted a profit of £351 million, with revenue rising 18% t

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