Apparel retailer H&M August sales rise 14%

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