Reuters logo
H&M sales rise 11 pct in Feb, below forecasts
March 17, 2014 / 7:05 AM / 4 years ago

H&M sales rise 11 pct in Feb, below forecasts

STOCKHOLM, March 17 (Reuters) - Swedish budget fashion retailer Hennes & Mauritz said on Monday its sales rose 11 percent in February, below a median forecast of 14 percent in a Reuters poll of analysts.

Net quarterly sales in H&M’s fiscal first quarter, excluding sales tax, totalled 32.1 billion Swedish crowns ($5.03 billion), roughly in line with a forecast of 32.2 billion and compared with a year-earlier 28.4 billion. ($1 = 6.3803 Swedish Crowns) (Reporting by Sven Nordenstam)

Our Standards:The Thomson Reuters Trust Principles.
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