Jeweller Pandora shines with 2019 sales set to meet forecast

COPENHAGEN (Reuters) - Pandora said preliminary results showed it would meet its 2019 sales and profit margin forecast, lifting its shares by 11% as investors welcomed signs that attempts to turn around the struggling jeweller could be starting to pay off. In November, Pandora warned of a steeper-than-expected fall in 2019 sales, leaving investors fearing yet another profit warning after IT problems during the crucial Black Friday sales period in the United States.On Monday it said it expected..