Maisons du Monde lowers sales growth guidance

It now expects sales growth of around 8 percent, down from a previous target of 10 percent, set in March.It also said it would open 19 stores this year, against a previous forecast of 25-30, with six store openings originally scheduled for 2018 now delayed until the first quarter of 2019.CEO Julie Walbaum said on a call with media that store openings were affected by rental contract delays.