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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: US inflation hits 7%, JD Sports, Dunelm and Sainsbury’s upgrade profits

JD Sports Fashion, Dunelm and Sainsbury’s today followed Next by upgrading their profit guidance in the wake of Christmas trading.

Despite supply chain pressures over the festive period, JD said it produced an “extremely robust” performance and supermarket Sainsbury's reported that it grew market share. Homewares business Dunelm enjoyed a record second quarter, meaning profits for the financial year will be materially ahead of City expectations.

Their updates follow last week's positive update from Next and come ahead of tomorrow's scheduled statements from Marks & Spencer, Halfords and Tesco.

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