24.16BMarket Cap23.44P/E (TTM)
3.000High2.980Low39.93KVolume2.990Open3.010Pre Close119.48KTurnover0.00%Turnover Ratio30.00P/E (Static)8.05BShares3.69052wk High6.29P/B24.16BFloat Cap2.42052wk Low0.12Dividend TTM8.05BShs Float6.146Historical High4.10%Div YieldTTM0.66%Amplitude-0.094Historical Low2.991Avg Price1Lot Size
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Net sales were up 8% year on year at 56.8 billion crowns ($6.22 billion) in the period, H&M's fiscal fourth quarter. Measured in local currencies, sales were up 11%.
"Despite continued restrictions and the negative consequences of the pandemic, the H&M group's sales in local currencies were back at the same level as in the fourth quarter of 2019," the company said in a statement.
At the end of November, around 115 H&M stores were temporarily closed due to restrictions, mainly in Austria and Slovakia. At the start of the quarter, about 100 had been closed, mainly in southeast Asia.
H&M warned on Sept. 30 that sales growth in September was held back by global supply chain disruptions but did not mention the issue in Wednesday's statement.
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