Pandora shares fall on disappointing U.S. sales

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

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

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.