Pandora Raises Guidance as Q2 Sales Zoom 84 Percent - NewsBreak

Click here to read the full article. Stimulus, indeed. Pandora is the latest European fashion firm to credit robust U.S. business for second-quarter gains. The Danish jewelry maker said sales in the three-month period zoomed 84 percent versus a year ago and 13 percent versus 2019, prompting it to raise its forecasts.More from WWDThe Cape Makes A Return On The Runway It now expects organic revenue growth of 16 to 18 percent for full-year 2021, versus prior guidance of 12 percent, and an EBIT margin of 23 to 24 percent, versus 22 percent previously. While stimulus packages added to the "underlying strong performance"...