Reuters logo
H&M Jan comparable sales fall less than expected
February 15, 2013 / 7:06 AM / 5 years ago

H&M Jan comparable sales fall less than expected

STOCKHOLM, Feb 15 (Reuters) - Swedish budget fashion retailer Hennes & Mauritz said on Friday its like-for-like sales fell for a fourth straight month in January, by 4 percent in local currencies from a year earlier.

The mean forecast in a Reuters poll of analysts had been for a 5 percent drop.

Total sales, which also includes sales in stores open less than a year, were up 5 percent, matching a preliminary figure given previously by H&M. (Reporting by Anna Ringstrom)

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