Pandora CEO Tells Investors a Rebound Is Around the Corner

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.The chief executive officer of jewelry maker Pandora A/S is trying to reassure investors that better days are around the corner, after a profit warning on Tuesday sent the company’s shares plunging as much as 13%.“Normally I don’t focus on what happens with the share price, but in this case I think it’s relevant to say why people should consider Pandora as a holding,” CEO Alexander Lacik said in a phone interview.Pandora, which makes mid-priced jewelry, delivered its first net loss since …read more

Source:: Yahoo Finance

      

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