Pandora beats Q1 revenue expectations despite US sales dip
Pandora beat Q1 revenue estimates despite North American sales falling 2 percent. CEO Berta de Pablos-Barbier faces headwinds from the ongoing Iran war.
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PANDORA A/S beat first-quarter revenue expectations on Wednesday morning despite a 2% decline in North American comparable sales. The results come as CEO Berta de Pablos-Barbier attempts to stabilize growth across the jewelry maker's primary global markets. Geopolitical tension involving Iran is pressuring consumer confidence in the United States and Europe.
