Pandora gains after Q3 EBIT beats forecasts, strong Japan growth lifts sales

Pandora A/S

04/11/2026 08:14

** Shares in Danish jewellery producer Pandora PNDORA.CO rise 5.4%, pares gains after rising as much as 9.1%, after company reported Q3 revenue and EBIT beat
** "All regions delivered positive LFL growth in Q3 2026," company said in the statement 
** Company Q3 EBIT came at DKK 1,064 million ($159.89 million), 23% beat from company-compiled consensus 
** J.P.Morgan highlights that the revenue beat stems mainly from Asia, driven by triple-digit growth in Japan which "in isolation contributed nearly half of the total Group LFL"
** EBIT margin jumps 190 basis points to 15.9%, significantly ahead of consensus and aided by tailwinds from tariff refunds, the broker says 
** Up to the previous session's close, shares were up 17.2%​ YTD.
($1 = 6.6544 Danish crowns)

(Reporting by Agnieszka Olenska)
((Agnieszka.Olenska@thomsonreuters.com;))