DOW JONES NEWSWIRES
Swedish fashion retailer Hennes & Mauritz AB (HM-B.SK)
Monday said sales at stores open for at least a year rose 3% on the
year in June.
MAIN FACTS:
-Analysts polled by Dow Jones Newswires had forecast a
like-for-like sales increase of 4.6%.
-Total sales, including value-added tax in local currencies,
rose 13% in June compared with the same month a year earlier.
-Analysts polled by Dow Jones Newswires had forecast a total
sales increase of 13.8%.
-H&M had 2,926 stores on June. 30, compared with 2,596
stores at the same time last year.
-Shares ended Friday at SEK237.20.
-Write to Jens Hansegard at jens.hansegard@dowjones.com
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