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Finance

H&M reports weaker than expected fourth-quarter sales

Published by Global Banking and Finance Review

Posted on January 30, 2025

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STOCKHOLM (Reuters) - Swedish fast-fashion retailer H&M reported weaker than expected sales for its fourth quarter ending Nov 30, but said sales were up 4% in December and January, indicating a better start to the new fiscal year.

(Reporting by Helen Reid in Stockholm and Agata Rybska in Gdansk, Editing by Terje Solsvik)