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H&M group sales development in July 2011


  

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Monday, 15 August 2011
In July 2011, H&M group total sales including VAT increased by 3 percent compared to the same month previous year, calculated in local currencies. In comparable units sales decreased by 6 percent.
Comparable units comprise the stores and the internet and catalogue sales countries that have been in operation for at least a financial year.

The total number of stores amounted to 2,306 on 31 July 2011 versus 2,066 on 31 July 2010.
For table over the sales development during the last years, see attached document.

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Percentage sales development for the month of August and total revenue in SEK for the third quarter (June to August) will be published in a separate press release on 15 September 2011.
The Nine-Month Report, covering the period 1 December 2010 to 31 August 2011, will be published on 29 September 2011.
By Scancomark.se Team

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