(Corrects dollar conversion figure from $9 billion)
STOCKHOLM, Sept 26 Swedish fashion retailer
Hennes & Mauritz posted on Thursday a bigger rise than
expected in pretax profits for its fiscal third quarter, as its
gross margin came in above forecasts.
Pretax profit at the world's second-biggest apparel retailer
after Inditex stood at 5.83 billion Swedish crowns
($907 million) against a year-ago 4.90 billion and a mean
forecast for 5.53 billion in a Reuters poll.
H&M said sales in the first 24 days of September, the first
month of its fiscal fourth quarter, were up 8 percent
year-on-year in local currencies.
($1 = 6.4305 Swedish crowns)
(Reporting by Stockholm Newsroom)