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JD Sports Fashion fiscal H1 profit climbs 85.6% YOY

JD Sports Fashion PLC said its normalized net income for the fiscal first half ended Aug. 2 was £12.5 million, an increase of 85.6% from £6.7 million in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Total revenue rose 27.2% year over year to £721.5 million from £567.4 million, and total operating expenses climbed 25.8% from the prior-year period to £700.5 million from £557.0 million.

Reported net income grew year over year to £12.6 million, or 1 pence per share, from £5.0 million, or 1 pence per share.