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H&M’s sales fell short of Wall Street’s expectations

Reuters/U.S. News & World Report 09/15/2022

H&M posted a sales increase of three percent during the third quarter, below the five percent gain expected by analysts. “The third quarter got off to a weak start, in common with the industry in many of the group’s major markets,” H&M, said.”Sales improved sequentially during the quarter, with a better start for the autumn collections than last year.”

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