August 15, 2013 / 6:07 AM / 4 years ago

H&M July comparable sales -1 pct

STOCKHOLM, Aug 15 (Reuters) - Swedish budget fashion retailer Hennes & Mauritz said on Thursday its sales in stores open at least a year were down 1 percent in local currencies in July, undershooting expectations.

The mean July forecast in a Reuters poll of analysts had been for a 1 percent rise from a year earlier.

Total sales in the month - the second of H&M’s fiscal third quarter - were up 9 percent in local currencies, against a forecast for a 10 percent rise.

Reporting by Anna Ringstrom

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below