Brief: H&M Says September Sales Seen On Par Yoy In Local Currencies

H and M Hennes and Mauritz AB

25/09/2025 07:09

Sept 25 (Reuters) - H & M Hennes & Mauritz AB HMb.ST:

H&M Q3 NET INCOME SEK 3,212 MILLION

H&M Q3 OPERATING PROFIT SEK 4,914 MILLION VERSUS. IBES ESTIMATE SEK 3,785 MILLION

H&M Q3 GROSS MARGIN 52.9%

H&M Q3 EPS SEK 2.01

H&M Q3 SALES SEK 57,017 MILLION VERSUS. IBES ESTIMATE SEK 57,022 MILLION

R. SALES DEVELOPMENT IN SEPTEMBER 2025 SHOULD BE SEEN IN LIGHT OF HIGH COMPARATIVE FIGURES FROM LAST YEAR.

Q3 SALES UP 2% IN LOCAL CURRENCIES

IN LOCAL CURRENCIES H&M GROUP'S SALES IN MONTH OF SEPTEMBER 2025 ARE EXPECTED TO BE ON PAR WITH SAME MONTH LAST YEAR

SEES Q4 MARKDOWNS TO BE SOMEWHAT HIGHER Y/Y

TARIFF COSTS ARE EXPECTED TO HAVE AN INCREASED IMPACT ON GROSS MARGIN IN Q4

IMPROVEMENT WORK IN SUPPLY CHAIN AND EXTERNAL FACTORS THAT INFLUENCE PURCHASING COSTS STRENGTHENED GROSS MARGIN IN Q3

180 FEWER STORES AT END OF Q3 VERSUS YEAR AGO

NET SALES IN SEK WERE  AFFECTED BY CURRENCY TRANSLATION EFFECT OF AROUND 5 PP DUE TO STRENGTHENED SWEDISH KRONA

Source text: ID:nWkr8b2fJn

Further company coverage: [HMb.ST]

 (Gdansk Newsroom)

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