Hennes' sales up
TT/The Local - [email protected]
Published: 17 Jul, 2006 CET.
Updated: Mon 17 Jul 2006 10:50 CET
Sales by Swedish clothing chain Hennes and Mauritz increased by 9 percent in June compared to the same month last year.
The increase was not good enough for analysts, however, who had expected more. According to a survey by Reuters, analysts had on average expected a sales increase of 12.5 percent.
Sales in May increased by 13 percent.
News agency AFX said H and M shares were expected to fall in opening trading on Monday.
Comments
See Also
The increase was not good enough for analysts, however, who had expected more. According to a survey by Reuters, analysts had on average expected a sales increase of 12.5 percent.
Sales in May increased by 13 percent.
News agency AFX said H and M shares were expected to fall in opening trading on Monday.
Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.
Please log in here to leave a comment.