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Apparel retailer H&M August sales rise 14%
16
Sep '13
In August 2013, H&M Group total sales including VAT in local currencies increased by 14 percent compared to the same month the previous year. Sales in comparable units increased by 4 percent.

Comparable units comprise the stores and the internet and catalogue sales countries that have been in operation for at least a financial year.

In the third quarter of 2013, i.e. during period 1 June to 31 August, sales including VAT increased by 12 percent in local currencies compared to the corresponding quarter last year. Sales in comparable units increased by 2 percent.

Sales including VAT in the third quarter converted into SEK amounted to SEK 37,411 m (33,568). Sales excluding VAT amounted to SEK 32,040 m (28,806), an increase of 11 percent.

The total number of stores amounted to 2,964 on 31 August 2013 versus 2,629 on 31 August 2012.

H&M

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