Operating profit for the retailer's Internationals Division (all markets outside the US and Canada) fell sharply over the quarter, with a decline of 28 per cent. Odland said: 'Internationals' results fell short of our expectations. Despite very difficult business conditions in Europe, we clearly have an opportunity to improve Internationals' performance.'
By contrast the like-for-like performance of the 894 stores that have been open for more than a year in the US and Canada showed sales growing by 1 per cent.
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