H&M June-August net sales rise 9%, less than expected
STOCKHOLM, Sept 15 (Reuters) - Sales at Sweden's H&M HMb.ST, the world's second-biggest fashion retailer, increased less than expected in the three months through August.
The company said on Wednesday sales grew 9% from a year earlier, or 14% measured in local currencies, to 55.6 billion crowns ($6.46 billion). Analysts polled by Refinitiv had on average forecast net sales growth of 14%.
($1 = 8.6130 Swedish crowns)
(Reporting by Anna Ringstrom; editing by Niklas Pollard)
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