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Underlying earnings before interest, taxes, depreciation and amortisation will be "at least £150 million" for the 12-month period, the retailer said.
It posted a rise in gross profit for the 13 weeks to July 26th, with the figure jumping to £157 million from £150 million in the same period in 2008, something that may interest those trading Sports Direct shares on the stock market.
There was also a rise in group revenue, which jumped ten per cent to £375 million.
Speaking at the firm's annual general meeting, chief executive Dave Forsey noted that the board is "very comfortable" with expecting that net debt will be cut to below £400 million.
He added that the company is "pleased with the progress made in the year to date".
Sports Direct's shares climbed following the news, rising 13.10p to 129.80p at 13:22 BST.
