Hennes & Mauritz AB (HM-B.ST, HMSB.DE, HMRZF.PK), or H&M Group, Wednesday said sales from comparable units in January went up 3 percent year-over-year, with total sales, inclusive of VAT, rising 12 percent. The retailer noted that 2,488 stores were open as of January 31, 2012 compared to 2,210 stores open a year ago.
The company added that February sales development, as well as quarterly total sales, may be available on March 15, 2012. The quarterly report is scheduled for release on March 29, 2012.
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