Harvey Norman Holdings (ASX:HVN) reported a 1.7% increase in total sales revenue for the four months to Oct. 31 compared with the same period a year earlier, with comparable sales up 1.4%, according to a Wednesday filing with the Australian bourse.
Currency fluctuations negatively impacted results, with a 1.6% depreciation in the euro and New Zealand dollar, partially offset by a 0.6% appreciation in the pound sterling and a 2.2% increase in the Malaysian ringgit, the filing said.
The company opened four new company-operated stores and two franchised complexes during the period, while one store in Singapore was closed, the filing said. The total number of overseas company-operated stores now stands at 120.
Harvey Norman Holdings' shares rose nearly 3% in recent Wednesday trade.
Price (AUD): $4.91, Change: $+0.12, Percent Change: +2.51%
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