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Australia's David Jones Q1 sales up 2.2 pct

Wed Nov 4, 2009 6:14pm EST

Stocks

   

SYDNEY, Nov 5 (Reuters) - David Jones Ltd (DJS.AX), Australia's second-largest department store chain, reported total sales for the first quarter rose 2.2 percent and said it had had a good start as it heads into Christmas.

Cyclical Consumer Goods

Chief Executive Mark McInnes said in a statement on Thursday it is too early to provide an update to guidance until the company has traded through the second quarter.

Current guidance is for up to 5 percent growth in net profit for fiscal 2010. (Reporting by Morag MacKinnon)



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