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H&M September sales rise eight percent in line with forecasts

Published 15/10/2014, 07:17
© Reuters People walk past the window of an H&M textile shop in this longtime exposure photograph taken in Frankfurt
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STOCKHOLM (Reuters) - Hennes & Mauritz (ST:HMb), the world's second-biggest fashion retailer, reported on Wednesday an 8 percent increase in sales in September, in line with analyst forecasts.

The Swedish budget fashion retailer, which already reported sales for most of September in its third-quarter earnings results, was seen posting a 7.5 percent rise in sales according to the mean analyst forecast in a Reuters poll.

© Reuters. People walk past the window of an H&M textile shop in this longtime exposure photograph taken in Frankfurt

H&M said in September unusually warm weather in the month led customers to delay purchases of cold-weather gear.

(Reporting by Mia Shanley, editing by Anna Ringstrom)

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