David Jones lifts first quarter sales
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SYDNEY, Nov 21 AAP
November 21 2012, 09:52AM
David Jones' first quarter sales rose by 0.3 per cent and the retailer says second quarter sales are so far following a similar trend.
The department store said sales totalled $415.6 million in the three months from July 29 to October 27, up from $414.3 million in the previous corresponding period.
Like-for-like sales were the same as total sales as there were no store openings or closures in the relevant periods.
"Whilst it is still early days, it is pleasing to see the company return to positive sales growth following seven quarters of declining sales," chief executive Paul Zahra said in a statement on Wednesday.
"Trading in the first couple of weeks of the second quarter is tracking broadly in line with (the first quarter)."