Published 2 years ago

Pandora shares fall on disappointing U.S. sales

Summary by Ground News

Pandora says sales in the second quarter grew 10% to 5.66 billion Danish crowns ($773.33 million) Organic growth in the US market was down 12% in the quarter compared to the previous year. Traffic into its 219 stores in China fell 60% due to "the entire network either being closed or severely impacted"

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Reuters

Pandora shares fall on disappointing U.S. sales

By Jacob Gronholt-Pedersen COPENHAGEN - Jewellery maker Pandora on Tuesday reported disappointing second-quarter sales in the U.S. market, prompting its shares to fall, but reaffirmed its annual forecast, saying higher costs of living had not impacted jewellery buying. Shares in Pandora, the world's largest mass-market jewellery brand with more than 6,400 stores worldwide, fell more

2 years ago·United Kingdom

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RTÉ

Pandora shares fall on disappointing US sales

Jewellery maker Pandora has reported disappointing second-quarter sales in the US market, prompting its shares to fall, but reaffirmed its annual forecast, saying higher costs of living had not impacted jewellery buying.

2 years ago·Ireland

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Rappler

Pandora shares fall on disappointing US sales

Shares in Pandora, the world's largest mass-market jewelry brand, fall more than 7% after it said organic growth in the United States was down 12% in the second quarter of 2022

2 years ago·Philippines

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