Electrical retailer Harvey Norman Ltd
(ASX:HVN) says for the year to date sales have risen 2.2%.
For the nine months to March 31, 2010 sales increased 2.2% to $4.64 billion compared to the period of July 1, 2008 to March 31, 2009.
The retailer says like for like sales, or stores open more than a year, rose 1.4% during the period.
Harvey Norman says it should be noted that sales data has been negatively affected by a 2.9% deterioration in the New Zealand dollar, a 13.6% deterioration in the Euro and a 21.6% deterioration in the UK Pound.
Total sales for the March quarter were flat compared to the March quarter of 2009, while like for like sales rose 1.2%.
Harvey Norman’s fiscal 09 profit was $214.35 million.
