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COPENHAGEN (Reuters) - Jewellery maker Pandora on Tuesday posted organic sales growth of 12% in February despite around a quarter of its 2,700 stores worldwide being shut. Pandora is pleased with the performance so far in 2021, Pandora said in a trading statement, adding that sell-out growth in the United States continued to be very strong.
Sales in shops or online to customers in February grew 7% year on year, it said.
Year to date, organic growth stood at 4% with while actual sales to customers grew 1%, Pandora said. It kept its financial guidance unchanged.
The number of stores shut fell to 25% from 30% at the beginning of February, it said.