<div class="at-above-post addthis_tool" data-url="https://www.retailgazette.co.uk/blog/2026/06/hm-sales-fall-short-as-stock-cuts-leave-stores-unable-to-meet-demand/"></div>H&M has missed sales expectations after admitting that its drive to tighten stock levels left parts of the business unable to meet customer demand. The fashion giant posted net sales of SEK 54.8bn (£4.2bn) for the three months to 31 May, down from SEK 56.7bn a year earlier. Sales in local currencies were broadly flat,...<!-- AddThis Advanced Settings above via filter on wp_trim_excerpt --><!-- AddThis Advanced Settings below via filter on wp_trim_excerpt --><!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons above via filter on wp_trim_excerpt --><!-- AddThis Share Buttons below via filter on wp_trim_excerpt --><div class="at-below-post addthis_tool" data-url="https://www.retailgazette.co.uk/blog/2026/06/hm-sales-fall-short-as-stock-cuts-leave-stores-unable-to-meet-demand/"></div><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt -->