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Asharq Al-Awsat
Asharq Al-Awsat
Lifestyle

Pandora Warns of Uncertainty in 2022 after Record Quarter

Pandora products are seen at its store at the Woodbury Common Premium Outlets in Central Valley, New York, US, February 15, 2022. (Reuters)

Jewellery maker Pandora warned on Wednesday that higher inflation and the Ukraine war posed increased uncertainty for its full-year earnings, despite reporting record first-quarter revenue and raising its sales outlook slightly.

"We are very pleased with the strong start to the year delivering record revenue for a first quarter," Chief Executive Alexander Lacik said in a statement.

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