Brief: H&M Q3 Oper Profit Up At SEK 6,037 Mln
BRIEF-H&M Q3 Oper Profit Up At SEK 6,037 Mln Sept 24 (Reuters) - H and M Hennes and Mauritz AB HMb.ST:
H&M Q3 SALES SEK 57,189 MILLION VERSUS. IBES ESTIMATE SEK 56,792 MILLION
H&M Q3 EPS SEK 2.58
H&M Q3 NET INCOME SEK 4,098 MILLION
H&M Q3 GROSS MARGIN 54%
H&M Q3 OPERATING PROFIT SEK 6,037 MILLION VS. IBES ESTIMATE SEK 5,026 MILLION
Q3 NET SALES UP 1% IN LOCAL CURRENCIES
H&M GROUP'S SALES IN MONTH OF SEPTEMBER 2026 ARE EXPECTED TO INCREASE BY 1 PERCENT IN LOCAL CURRENCIES COMPARED WITH SAME MONTH PREVIOUS YEAR
H&M SEES EFFECT OF EXTERNAL FACTORS TO BE SOMEWHAT NEGATIVE COMPARED WITH THE CORRESPONDING PERIOD THE PREVIOUS YEAR
H&M SALES IN SEPTEMBER ARE EXPECTED TO INCREASE BY 1 PERCENT IN LOCAL CURRENCIES Y/Y
H&M SEES Q4 MARKDOWNS TO INCREASE SOMEWHAT COMPARED WITH THE CORRESPONDING QUARTER THE PREVIOUS YEAR
FOR THE FULL-YEAR 2026 THE SALES EFFECT IS EXPECTED TO BE SLIGHTLY POSITIVE
IN 2026 THE PLAN IS TO OPEN AROUND 90 NEW STORES, WHILE AROUND 170 STORES ARE PLANNED FOR CLOSURE
Source text: ID:nWkrb7L6vn
Further company coverage: [HMb.ST]
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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