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.

Geopolitical Friction Weighs on Key Markets

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