IKEA Sales Rise, But Growth Decelerates - News Summed Up

IKEA Sales Rise, But Growth Decelerates


IKEA reported stronger sales for fiscal 2016, helped by growth in markets such as China, Australia, Canada and Poland. The world’s largest furniture retailer said sales in the 12 months to Aug. 31 were €34.2 billion ($38.4 billion), up 7.1% from a year earlier. Same-store sales climbed by 4.8%. IKEA is still some distance from its...


Source: Wall Street Journal September 13, 2016 07:41 UTC



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