Pandora’s 2022 Revenue Hits Record High, Restarts Plans to Open Stores in China

2月 09, 2023

On February 8, Danish jewelry maker Pandora (PNDORA.CO) announced its key financial data for the fourth quarter and full year of fiscal year 2022. Driven by continued strong brand momentum across major markets, annual sales were at a record 26.5 billion Danish crowns last year, corresponding to organic growth of 7%, above its guidance of 4% to 6%. Quarterly sales were 9.9 billion Danish crowns, an organic growth of 4% year-on-year, above an average forecast of 9.6 billion by analysts compiled by the company. Annual revenue in China was DDK737 million, which is Pandora’s seventh …