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Moreover, the company told financial analysts to expect “flattish” revenue for the experiences division for the next fiscal quarter and for several quarters after that.

Deutsche Bank analyst Emmanuel Rosner said in a note to clients that he now expects deliveries to be “flattish” in 2024 at 50,000 vehicles, as opposed to his previous expectation of 65,000 vehicles.

In its twice-yearly report, Bain said global sales of personal goods - spanning clothing, accessories and beauty products - were likely to be flattish in the fourth quarter, year-on-year, after a 3% decline at current exchange rates in the third quarter.

Higher pricing probably led to volumes being flattish a little bit, Johnston said.

H&M shares fell more than 4% in early trading after the company said June-August local-currency sales, the most closely watched figure, were "flattish" year-on-year, missing the 5% growth forecast by analysts in a Reuters poll.