H&M’s Sept Sales Hit by Supply Delays After Profit Tops Pre-Pandemic Level

H&M’s Sept Sales Hit by Supply Delays After Profit Tops Pre-Pandemic Level
Shoppers visit H&M store at Times Square in New York City, N.Y., on May 20, 2021. Eduardo Munoz/Reuters
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STOCKHOLM—Supply disruptions hampered H&M’s sales in September, the Swedish retailer said on Thursday, after its June-August profit surpassed expectations and pre-pandemic levels.

Disruptions to the global economy during the pandemic have upset global supply chains, leading to shortages of goods as well as containers, storage and drivers for the transportation of goods, and causing a spike in shipping costs.