By  on December 15, 2011

PARIS — Hennes & Mauritz AB said sales including VAT in the fourth quarter totaled 36.17 billion Swedish kronor, or $5.4 billion, representing a 3 percent decrease in comparable units.

The Swedish high-street retailer, which will publish full-year results on Jan. 26, said same-store sales for the full fiscal year (December 2010 to Nov. 30) were down 1 percent, while sales in local currencies rose 8 percent.

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