British retailer JD Sports Fashion
Shares in the sportswear retailer, 57 percent owned by the Pentland sportswear group, were down 4.9 percent at 775 pence by 0830 GMT.
The firm, which trades as JD Sports, Size, Bank, Scotts and Chausport, said on Wednesday that gross like-for-likes sales growth was 0.2 percent in the 16 weeks to November 19, down from a rate of 3.3 percent in the seven weeks to September 17.
JD Sports said it had seen a recent marked decline in consumer confidence, echoing grim warnings on the prospects for Christmas trading from other UK retailers such as Game Group
Although we anticipate a tough Christmas trading period,... at this stage the board believes the group remains on course to deliver earnings in line with current expectations, the company said in a statement.
(Reporting By Alessandra Prentice; Editing by Paul Hoskins)