Swedish retailer Ikea said worldwide sales increased 6.9% in the fiscal year ended Aug. 31, while profits jumped 10.3% despite higher raw materials costs.
The privately held retailer said worldwide sales totaled 24.7 billion euros, equivalent to about $31.9 billion. Total revenues, which include sales and rental income from commercial properties, were 25.2 billion euros, . . . → Read More: 10.3% Profit Jump for IKEA
