High-end retailer David Jones Ltd
(ASX:DJS) is flagging a 10% rise in first half and full year profit on the back of strong second-quarter sales results released today.
The company has reported a 3.1% increase in like-for-like store sales - stores open more than a year - for the three months to December 31, 2009.
CEO Mark McInnes says he expects second-half earnings to grow by 5-10%.
The company had previously forecast growth of 0.5% for both halves.
David Jones reported a profit of $156.52 million for fiscal 2009.
