Sweden’s H&M, the world’s second-biggest fashion retailer, reported on Tuesday an increase in December through February sales that was in line with expectations.
Net sales were up 23% year-on-year, or 18% measured in local currencies, at 49.2 billion crowns ($5.13 billion), Reuters reported.
Analysts polled by Refinitiv had on average forecast sales of 49.1 billion crowns.
