The H&M group’s sales development in the second quarter 2023
Net sales increased by 6 percent to SEK 57,616* m (54,504) in the second quarter, i.e., in the period 1 March – 31 May 2023, compared with the corresponding period last year. In local currencies, net sales were flattish compared with last year. Sales in the second quarter were affected by unfavourable weather conditions compared to the corresponding period last year on several of the H&M group’s large markets. June has got off to a good start. * The amount is provisional and may deviate slightly from the six-month report that will be published on 29 June 2023. Contact:Nils Vinge,