SYDNEY, Aug. 29 (Xinhua) -- Australia's department store giant David Jones reported on Thursday that its total sales revenue fell 1.3 percent in the fourth quarter of the 2013 financial year.
The company's revenue for the three months from April 28 to July 27 was 449.8 million AU dollars (403.8 million U.S. dollars), down from 455.8 million for the same period a year ago.
Full-year sales revenue fell by 1.2 percent from the previous year to 1.85 billion AU dollars.
David Jones Chief Executive Officer Paul Zahra said weak consumer sentiment continued to affect the business.
He said sales were also affected by the warm winter across the country.
"We had such a warm winter so things like quilts, heating, throws, blankets, those kind of things weren't really required this year," he said.
Zahra said electronics, which accounted for around half of the total decline during the year, had been a very challenging category for the company.
But he said a recently announced deal to hand over control of the division to Dick Smith Electronics would provide a boost to David Jones in the 2014 financial year.
"What has been an underperforming category for us will now be a profit contributor," he said.
