Ikea's worldwide sales rise 3.1% in fiscal year
October 14, 2013,
The sales figure, which equals about $37.38 billion, includes same-store sales growth of 1.8%.
In a press release announcing the figures, Ikea said its strongest growth occurred in Russia and China, but said there also was "significant progress" in its North American stores.
"Value for money is increasingly important to our customers - and our sales development shows that people all over the world appreciate our concept of good quality, well-designed products at lower prices," said Peter Agnefjall, president and ceo.
Ikea currently operates 303 stores in 26 countries, including 38 in the U.S.
The company said it will release complete financial results for the most recent fiscal year in January.
Related Content By Author
Live From New York Home Fashions Market: It's all about monitoring