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H&M posted slowdown in December sales growth

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Staff Writer | January 16, 2017
Hennes & Mauritz (H&M) reported a worse-than-expected slowdown in local currency sales growth in December.
Hennes & Mauritz
Retail   Hennes & Mauritz missed forecasts for a 8% gain
Sales rose 6% year-on-year last month following a 9% increase in November.

It missed forecasts for a 8% gain and marked the slowest pace of growth since September.

H&M, the world's second largest clothing retailer, has in the past year blamed unseasonable weather for several disappointing monthly sales.

The company publishes its full year earnings report on January 31.


 

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