RPT-Harvey Norman says 28-day sales fall 2.8 pct

Mon Nov 10, 2008 4:38pm EST
 
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SYDNEY, Nov 11 (Reuters) - Australian electrical goods and furniture retailer Harvey Norman Holdings Ltd (HVN.AX) said on Tuesday sales on a same-store basis fell 2.8 percent in the 28 days to Nov. 9 from the same period last year.

Retail margins continue to be under pressure, it said in a statement.

The fall followed a 0.6 percent decline in sales in the 28 days to Nov. 2, a drop of 3.6 percent in the 28 days to Oct. 26 and a fall of 5.8 percent in the same period to Oct. 19. (Reporting by Jonathan Standing, Editing by Mark Bendeich)

 
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