May 24 Britain's Dixons Carphone on
Wednesday beat fourth-quarter trading forecasts and narrowed its
full-year headline pretax profit guidance to 485-490 million
pounds ($628.85 million-$635.33 million) from 475-495 million.
The company, which trades as Currys, PC World and Carphone
Warehouse in its home market, Elkjop and Elgiganten in Nordic
countries and Kotsovolos in Greece, said like-for-like group
sales rose 2 percent in the 16 weeks to April 29, its fiscal
fourth quarter, ahead of a company compiled consensus of 0.9
Like-for-like sales in the UK and Ireland rose 2 percent,
driven by a strong electricals performance.
Prior to Wednesday's update analysts were on average
forecasting a pretax profit of 490 million pounds for 2016-17,
up from 447 million in 2015-16.
($1 = 0.7712 pounds)
(Reporting by Noor Zainab Hussain and Esha Vaish in Bengaluru;
editing by Jason Neely)