H&M's Q2 Sales Miss, Demand Up
This is a news story, published by CNBC, that relates primarily to H&M news.
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Swedish krona forecastCNBC
•Entertainment
Entertainment
H&M sees summer shopping pick-up after weaker-than-expected quarterly sales
81% Informative
Swedish clothing giant H&M reported weaker-than-expected sales in the fiscal second quarter .
Revenues dipped year-on-year to 56.71 billion Swedish krona ( $5.99 billion ) in the three-month period to May 31 .
Retailer previously reported a slow start to the year , but pointed to an annual uptick in sales in March .
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