COPENHAGEN, Aug 12 (Reuters) - Jeweller Pandora

on Wednesday reported an operating profit (EBIT) for the second

quarter that beat expectations and raised its 2026 guidance for

organic growth and earnings margin.

Pandora said EBIT for the April-June period came in at 1.46

billion Danish crowns ($225.35 million), against an average

estimate of 1.10 billion expected by analysts in a

company-compiled poll, reflecting partial refunds of previously

paid U.S. tariffs.

"We are making progress in re-energising Pandora's growth

engine," CEO Berta de Pablos-Barbier said in a statement.

"There is more work ahead, but we are moving in the right

direction and raising our 2026 guidance for both growth and

profitability," she added.

The company now sees its organic growth at between 0% and

3%, up from a previous minus 1% to 2%, and its operating profit

margin at between 22% and 23%, up from 21% to 22%.

($1 = 6.4787 Danish crowns)