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Deutsche Bank has maintained its hold rating on JD Sports Fashion PLC (LSE:JD., OTC:JDSPY), the sportswear retailer, with a 95p price target after weaker second-quarter sales.

RBC Capital Markets has flagged sluggish consumer demand in Germany as a growing risk for European retailers, cutting profit forecasts for both H&M and JD Sports Fashion PLC (LSE:JD., OTC:JDSPY).

JD Sports Fashion PLC (LSE:JD., OTC:JDSPY) drew a cautious response from UBS and Shore Capital after weaker second-quarter trading prompted the retailer to cut its full-year profit guidance, with analysts highlighting a sharp deterioration in North America and continued softness in footwear.

The sport and fashion retailer cut its full-year profit guidance as second-quarter sales fell due to pricing pressure and a weak U.S. performance.

JD Sports Fashion PLC (LSE:JD., OTC:JDSPY) has cut its FY27 profit guidance after weaker second-quarter trading, with softer consumer demand and footwear pressures weighing on North America.

British sportswear retailer JD Sports on Thursday lowered its ​profit outlook as it reported a steeper decline ‌in second-quarter underlying sales, particularly in its key north American market.

UBS has trimmed its price target for JD Sports Fashion PLC (LSE:JD., OTC:JDSPY) to 86p from 87p, warning that European demand and footwear sales are shaping up as the weak points when the retailer updates the market on 20 August.