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HM B H and M Hennes and Mauritz AB News Story

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Consumer CyclicalsAdventurousLarge CapNeutral

Brief: H&M Sees Good Potential For Growth In Brazil, Other Parts Of Latin America, CEO says

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

H&M CEO SAYS WE SEE GOOD POTENTIAL FOR GROWTH BOTH IN BRAZIL AND IN OTHER PARTS OF LATIN AMERICA MOVING FORWARD

H&M CEO SAYS THE WORLD AROUND US REMAINS UNCERTAIN WITH GEOPOLITICAL CHALLENGES AND A CAUTIOUS CONSUMER

H&M CFO SAYS IMPROVEMENTS IN LOGISTICS EFFICIENCY HAVE HELPED BRING INVENTORY LEVELS DOWN

H&M CEO SAYS WITH A CAUTIOUS CONSUMER, WE STILL FEEL A NEED TO USE DISCOUNTS TO "ACTIVATE" THE CUSTOMER FROM TIME TO TIME

H&M CFO SAYS U.S. TARIFF EFFECT "WILL BECOME FULLY LOADED" TOWARDS END OF Q4 AND THEN INTO Q1 NEXT YEAR

H&M CEO SAYS WE OBSERVE PRICE INCREASES HAPPENING IN THE U.S. MARKET, WE ARE LOOKING AT HOW WE STAY COMPETITIVE

Further company coverage: [HMb.ST]

 (Stockholm Newsroom)

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