FTSE LIVE: JD Sports beefs up sales and profits; Card Factory stumbles as footfall drops off; UK stocks in the green
- JD Sports said sales rose nearly 50% last year, while profits jumped 15%
- Card Factory’s bottom line was dented by higher costs and lower footfall
The ever popular JD Sports, which is set to acquire rival Footasylum, said today that its sales rocketed nearly 50 per cent last year.
Having less success on the High Street however is cut-price greetings card retailer Card Factory, where profits slipped 8 per cent last year amid higher costs and lower footfall.
After a relatively muted day on Monday, the footsie opened in the green on Tuesday, up a handful of points to 7,447.57.
The FTSE 100 was in the green at the open on Tuesday, rising 10 points to 7,447.57