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H&M total sales rise 10 percent in December, matching forecasts
January 15, 2014 / 7:17 AM / 4 years ago

H&M total sales rise 10 percent in December, matching forecasts

STOCKHOLM (Reuters) - Swedish budget fashion retailer Hennes & Mauritz (HMb.ST) said on Wednesday its total sales rose 10 percent in December, right in line with market expectations.

File photo of the company logo at the flagship store of H&M, Hennes & Mauritz, HMb.ST, the world's second-biggest fashion retailer in Sweden's capital Stockholm May 7, 2013. REUTERS/Arnd Wiegmann/Files

The company did not provide a figure for comparable sales, for stores open at least a year.

December is the first month of H&M’s fiscal first quarter.

Reporting by Mia Shanley

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