H&M Hennes & Mauritz AB Series B

27Sep

By adminNo Comments

World

H&M Earnings Beat Forecasts

H&M posted earnings of SEK3.3 billion in the third quarter, with inventory efficiencies boosting cash flow, and said its goal of an operating margin of 10% during 2024 remained.

H&M Sales Disappoint But Margin Target on Track

H&M reported a 6% rise in fiscal third-quarter sales, undershooting forecasts, but said its work toward hitting a 10% operating margin in 2024 was heading in the right direction.

H&M Now Wants to Sell You Makeup, Sofas and Crocs

The retailer is moving further beyond its clothing label, doubling down on beauty products, housewares and selling other brands to draw in more shoppers.