PARIS — Hennes & Mauritz AB reported sales growth cooled slightly in November, rising 10 percent in local currencies and including VAT.
This compares to a gain of 14 percent in October, an 8 percent uptick in September and a 19 percent jump in August.
European retailers have been battling unseasonably warm autumn and winter weather along with sluggish economies and high unemployment across much of the continent.
H&M no longer breaks out same-store sales data.
For the fourth quarter ending Nov. 30, sales including VAT gained 11 percent to 49.61 billion Swedish kronor, or $7.34 billion at average exchange rates for the period in question. Excluding VAT, sales tallied 42.61 billion or $6.31 billion.
The Swedish retailer characterized the figures as provisional, awaiting auditors. H&M is to report December sales on Jan. 15 and release its full-year report on Jan. 28.
On Monday, H&M noted its store count came to 3,511 on Nov. 30 versus 3,132 on the same date in 2013.