Brief: Maisons Du Monde : Q3 Sales Up 13.3% At 321 Million Euros

Maisons du Monde SA

27/10/2020 16:51

Oct 27 (Reuters) - MAISONS DU MONDE SA  MDM.PA :
    * MAISONS DU MONDE: STRONG THIRD QUARTER 2020 ACTIVITY
    * Q3 SALES UP 13.3% YOY: EUR 321 MILLION(+9.8% LFL)
    * FY SALES EXPECTED TO BE DOWN MID-SINGLE DIGIT YOY,
ASSUMING MOST
STORES IN EUROPE REMAIN OPEN THROUGH YEAR-END
    * IN TERMS OF STORE DEVELOPMENT, MAISONS DU MONDE
ANTICIPATES
CIRCA 7 TO 8 NET STORE CLOSURES IN FULL YEAR (10 NET CLOSURES IN
9M 2020
    * OUTLOOK: FY SALES ARE EXPECTED TO BE DOWN MID-SINGLE DIGIT
YOY
ASSUMING MOST STORES IN EUROPE REMAIN OPEN THROUGH YEAR-END.

Source text for Eikon:  ID:nGNE1Nb9Vp 
Further company coverage:  MDM.PA 

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