#stayhome Maintain the distance, wash your hands, and follow instructions from the health authorities.
RSS   Newsletter   Contact   Advertise with us

H&M posted slowdown in December sales growth

Share on Twitter Share on LinkedIn
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.