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David Jones H1 sales up 2.3%

February 9, 2010

AAP

Department store David Jones Ltd has increased its first half sales by 2.3 per cent and sharply raised its interim and second half profit guidance.

The upmarket department store chain reported sales revenue for the six months to January 23 of $1.087 billion, up from $1.062 billion in the previous comparable period.

On a like-for-like store basis, sales were up 2.2 per cent.

For the second quarter of 2009/10, sales were up 2.4 per cent to $634.7 million or 3.1 per cent like-for-like.

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