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Published
Oct 15, 2012
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H&M Sept comparable sales +6 pct, tops consensus

By
Reuters
Published
Oct 15, 2012

STOCKHOLM - Hennes & Mauritz, the world's second-largest fashion retailer, said on Monday sales at stores open a year or more grew 6 percent in local currencies in September, above a Reuters poll forecast for 4 percent growth.



H&M's new store in Malaysia - 2012 FIFOTO Photography


Total sales in September, the first month of the Swedish budget apparel firm's fiscal fourth quarter, were up 15 percent from a year earlier, just above the mean forecast and a preliminary figure unveiled late September for a 14 percent increase.

(Reporting by Anna Ringstrom)

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