H & M Hennes & Mauritz AB: Sales Development in June 2014
STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
H & M Hennes & Mauritz AB (STO:HMB):
In June 2014, the H&M Group total sales including VAT increased by 12 percent in local currencies compared to the same month last year. Sales in June were negatively affected by calendar effects of approximately 3 – 4 percentage points. The total number of stores amounted to 3,301 on 30 June 2014 versus 2,926 on 30 June 2013.
Percentage sales development for the month of July will be published on 15 August 2014.
Karl-Johan Persson, CEO
The information in this press release is that which H & M Hennes & Mauritz AB (publ) is required to disclose under Sweden’s Securities Market Act. It was released for publication at 08.00 (CET) on 15 July 2014.
H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on NASDAQ OMX Stockholm. The company’s business concept is to offer fashion and quality at the best price. In addition to H&M, the Group includes the brands COS, Monki, Weekday, Cheap Monday, & Other Stories as well as H&M Home. The H&M Group has more than 3,300 stores in 54 markets. In 2013, sales including VAT were approximately SEK 150 billion. The number of employees amounts to more than 116,000. For further information, visit hm.com (http://www.hm.com).
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