Pandora reports 6 percent sales growth in third quarter

Danish jewelry company Pandora reported 6 percent organic growth in the third quarter, with sales reaching 6.69 billion Danish kronor, approximately $1 billion. The company reported positive like-for-like growth across all regions, including a 3 percent increase in North America and a 1 percent rise in Europe, marking the latter's return to growth after five quarters of contraction.

The Asia-Pacific region experienced the most significant growth at 20 percent, though CEO Berta de Pablos-Barbier noted that half of the overall quarterly growth was driven by Japan alone. The company has also sharpened its 2026 guidance, now expecting organic growth in the 2 percent to 3 percent range and an EBIT margin between 22.5 percent and 23 percent.

Pandora's strategy involves diversifying beyond its traditional charm bracelet business through new collections and brand collaborations. Analysts suggest the company's challenge will be converting renewed interest from new designs into consistent, long-term customer loyalty.