STOCKHOLM (Reuters) - Fashion retailer Hennes & Mauritz on Monday posted a 4 percent year-on-year fall in sales at established stores in November.
The mean forecast in a Reuters poll of 11 analysts had been for a 2.1 percent decline, with predictions ranging from a fall of 5 percent to flat sales on the year.
H&M only gives round numbers for sales and does not give currency figures.
Total sales for the month were up 7 percent from a year earlier, against a forecast of a 9.2 percent increase.
