×
33 689
Fashion Jobs
PVH
sr Manager of Strategic Sourcing Strategy & Planning
Permanent · New York
PVH
Director of Digital Analytics
Permanent · Bridgewater Township
PVH
Senior Manager Strategy- Pvh Corp
Permanent · New York
TJX CORPORATE
sr. Security Analyst - Cyber Defense
Permanent · Marlborough
MACY'S
Macy’s Asset Protection / Loss Prevention Security Guard
Permanent · Woodbridge Township
TIFFANY & CO
Business Analyst
Permanent · Parsippany-Troy Hills
L'OREAL GROUP
Manager - Human Resources
Permanent · Somerset
L'OREAL GROUP
Manager - Human Resources
Permanent · Florence
L'OREAL GROUP
Director E-Commerce Fulfillment
Permanent · Clark
L'OREAL GROUP
Director - Finance, Retail Operations
Permanent · St. Petersburg
LULULEMON
Store Business Lead i One Paseo
Permanent · San Diego
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Newington
NORDSTROM INC
Security Ambassador 1
Permanent · Paramus
NORDSTROM INC
Loss Prevention Security Ambassador Fashion Show Mall
Permanent · Las Vegas
NORDSTROM INC
Loss Prevention Agent Perimeter Expo Rack
Permanent · Atlanta
NORDSTROM INC
Loss Prevention Security Ambassador Oakway Center Rack
Permanent · Eugene
NORDSTROM INC
Loss Prevention Security Ambassador Midwest Rack Headquarters
Permanent · Chicago
NORDSTROM INC
Loss Prevention Agent Downtown Seattle Rack
Permanent · Seattle
NORDSTROM
Loss Prevention Security Ambassador 1 Nordstrom San Francisco Centre
Permanent · San Francisco
ROSS STORES
Store Protection Specialist
Permanent · Fort Worth
ROSS STORES
Store Protection Specialist
Permanent · Tuscaloosa
ROSS STORES
Store Protection Specialist
Permanent · Arnold
By
Reuters API
Published
Oct 8, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Pandora raises profit guidance after improved sales

By
Reuters API
Published
Oct 8, 2020

Danish jewellery-maker Pandora on Thursday upwardly revised its profit guidance after seeing stronger sales and a big boost to its online business in the third quarter, it said in a statement released after the market closed.


Pandora



"In the third quarter of 2020, the underlying brand momentum continued to develop strongly as Pandora experienced a further improvement in the majority of the main markets," the firm said.

It sees EBIT-margin for the year in the range of 17.5% to 19%, up from a previous guidance of 16% to 19%.

Online organic sales growth increased by 89% in the third quarter compared to the same period last year, largely offsetting a drop in customers in physical stores, Pandora said, but temporary store closures continued to dent performance.

Around 90% of physical stores had remained open in the third quarter on average, a trend the company expects to continue in the fourth quarter.

Pandora now expects organic growth for the year in the range of -14% to -17%, narrowed up from a previous guidance of -14% to -20%.

Pandora publishes its third quarter earnings on Nov. 3. Pandora operates in more than 100 countries through 7,400 points of sale, including more than 2,700 concept stores.
 

© Thomson Reuters 2020 All rights reserved.