Clothing & Shoes
H&M sales lower than expected in Q3
The retailer’s net sales during the period only increased by 3% from the previous year at 57.5bn Swedish crowns (£4.7bn), which has reportedly failed to meet a 5% analyst expectation
![H&M](https://b855165.smushcdn.com/855165/wp-content/uploads/2018/03/HM-e1522142346527-780x470.jpg?lossy=1&strip=1&webp=1)
Swedish fashion chain, H&M, has revealed that net sales were lower than expected in its third quarter, rising only by 3% to 57.5bn Swedish crowns (£4.7bn) in the period ended 31 August 2022.
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