Pandora Shares Dip Over 3% as Sales Forecast and Profit Margins Face Cuts

Pandora A/S shares fell over 3% after the company reported slower quarterly growth and reduced its sales outlook and profit margin targets, affecting investor sentiment.

• Pandora A/S reported a 6% increase in Q3 revenue, reaching DKK 6.27 billion, driven by organic growth of 6% and a 2% rise in like-for-like sales compared to the previous year.
• The jewelry group lowered its 2026 profit margin goal, a decision deemed negative by RBC Capital Markets, indicating potential challenges in the current foreign exchange market.
• Earnings before interest and taxes were impacted as Pandora faced rising costs associated with commodity price fluctuations, influencing overall profitability and investor confidence.