Pandora delivers 11% organic growth in Q3

Financial highlightsPandora continues to execute on its Phoenix strategy and change the perception of Pandora into a full jewellery brand; investments across the value chain are elevating the brand and driving growth across collections.Q3 2024 organic growth was 11%, comprising of Like-for-like (LFL) growth of 7%, network expansion of 5% and -1% from phasing of sell-in to partners and other.LFL growth in key European markets came in at 4%, the US remained solid at 6% whilst Rest of...

Copenhagen V, 06/11/2024 (informazione.it - comunicati stampa - servizi)

Financial highlights

Phoenix strategy highlights

2024 Guidance and current trading

Alexander Lacik, President and CEO of Pandora, says:
“We are very pleased with our strong results this quarter, particularly in the context of the current macroeconomic backdrop. We are transforming the perception of Pandora into a full jewellery brand and unlocking the next chapter of our growth by attracting more consumers to our brand. Step by step we are capturing the many untapped opportunities, and we will continue to invest in our strategic growth initiatives.”         

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