Brief: H&M Q2 Operating Profit At SEK 5.9 Bln

H and M Hennes and Mauritz AB

25/06/2026 07:09

June 25 (Reuters) - H and M Hennes and Mauritz AB HMb.ST:
Q2 OPERATING PROFIT SEK 5,913 MILLION VERSUS. IBES ESTIMATE SEK 6,384 MILLION
Q2 SALES SEK 54,828 MILLION VERSUS. IBES ESTIMATE SEK 55,253 MILLION
Q2 GROSS MARGIN 56.6%
Q2 EPS SEK 2.49
Q2 NET INCOME SEK 3,963 MILLION
Q2 NET STORE CLOSURES 3% YOY
Q2 SALES IN LOCAL CURRENCIES WERE FAIRLY IN LINE WITH LAST YEAR
TIGHTER INVENTORY MANAGEMENT HAS, HOWEVER, IN SOME CASES AFFECTED OUR ABILITY TO FULLY MEET DEMAND
HM SALES IN JUNE ARE EXPECTED TO TO BE ON PAR Y/Y
FOR GOODS BEING SOLD IN Q3 OF 2026, OVERALL EFFECT OF EXTERNAL FACTORS IS ASSESSED TO BE FLAT COMPARED WITH CORRESPONDING PERIOD PREVIOUS YEAR
ON MID EAST SITUATION: WITH GOOD FLEXIBILITY IN SUPPLY CHAIN, LOW PROPORTION OF AIR FREIGHT, THERE ARE OPPORTUNITIES TO ADAPT GOODS FLOW
SEES Q3 MARKDOWNS TO BE AT THE SAME LEVEL AS IN THE CORRESPONDING QUARTER THE PREVIOUS YEAR
Source text: ID:nWkr1d8FJQ
Further company coverage: [HMb.ST]

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