
H&M, the world's second-biggest fashion retailer, reported on Thursday a 10% increase year-on-year in September-November net sales, slightly exceeding market expectations of a 9.5% rise.
Net sales for September-November, H&M's fiscal fourth quarter, stood at 62.5 billion Swedish crowns ($6.13 billion), up from 56.8 billion crowns a year ago, while analysts polled by Refinitiv
had on average forecast 62.17 billion crowns.