Sports retailer Holdsport expects interim core headline earnings per share — excluding the effect of foreign exchange adjustments — to be between 3% lower and 1% higher than in the previous period. Despite this, the group says total sales for the six months to August rose 8.1% compared with those of the matching period in 2016, with sales for comparable stores rising 2.8%. The share was flat in mid-afternoon trade on Tuesday. "Accordingly, due to the foreign exchange profit for the period … the company expects earnings per share for the six months … to be between 16% and 21% higher than the previous corresponding six months," Holdsport said in a trading update on Tuesday. Holdsport operates the Sportsmans Warehouse and Outdoor Warehouse retail chains. It also owns Performance Brands, the outdoor apparel and equipment manufacturer and wholesaler of the Second Skins and African Nature brands. Sportsmans Warehouse increased total sales 5.5% in the period, as comparable sales rose 3%. O...
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