• (PLX AI) – H&M Q3 sales SEK 55,585 million vs. estimate SEK 57,880 million.
  • • Sales development continued to be affected by the ongoing pandemic, with considerable variation between markets, company said
  • • Lockdowns and restrictions have continued to hamper development, particularly in Asia
  • • Excluding Asia and Oceania, sales in local currencies were back at the same level as before the pandemic
  • • At the end of the quarter most of the H&M group’s markets still had restrictions resulting in reduced footfall and around 100 of the stores remained temporarily closed

Quelle: PLX AI