STOCKHOLM, July 15 Swedish budget fashion
retailer Hennes & Mauritz said on Monday its sales in
stores open at least a year were up 3 percent in local
currencies in June, just below expectations.
That was still the strongest performance since September last
year, when comparable sales were up 6 percent.
The mean June forecast in a Reuters poll of analysts had been
for a 4 percent rise from a year earlier.
Total sales in the month - the first month of H&M's fiscal
third quarter - were up 13 percent in local currencies, one
percentage point below a preliminary figure unveiled previously
by the company.
(Reporting by Anna Ringstrom)