Source:
Reuters
Australia's Harvey Norman same-store sales dip
Published:
27 Oct 2010 19:05:28 PST
SYDNEY, Oct 28 - Australian electricals retailer Harvey Norman Holdings Ltd <HVN.AX> reported a 0.6 percent dip in September quarter like-for-like sales on Thursday, largely blaming the decline on a strong local currency.
Harvey Norman, which also has stores in Ireland, Slovenia and New Zealand, said quarterly profit was down 30.8 percent from a year earlier, partly due to start-up losses from new stores.
