Earnings Growth Expectations 'Too Aggressive' for Q2 - JPM
Hennes & Mauritz Gains After Double Upgrade From Deutsche Bank
H&M Valuation Fails to Reflect Potential For Improvement -- Market Talk
H&M's Walk Back From 10% Margin Goal Is Likely a 'Clearing Event' -- Market Talk
Hennes & Mauritz Plunges After Sales Outlook Disappoints
Hennes & Mauritz GAAP EPS of SEK 3.11, Revenue of SEK 59.6B
H&M Seems to Be Walking Back Its Margin Target -- Market Talk
H&M Profit Misses as Summer Collections Fail to Lure Shoppers
H&M's operating profit in the second quarter was lower than expected.
H&M, the world's second-largest listed fashion retailer, announced on Thursday that its operating profit for the second quarter of this year, which ended in late May, grew lower than expected. It also said that June sales are expected to decline, making it harder to achieve its annual profit target. The company said its operating profit for the second quarter was SEK 7.1 billion (approximately USD 672.5 million), higher than SEK 4.74 billion in the same period last year, but lower than the average expectation of SEK 7.37 billion by analysts surveyed by LSEG. H&M said that, calculated in local currency, June sales this year are expected to fall by 6% compared to the same period last year, partly due to the unstable weather in many major markets.
Stocks to Watch Next Week: Nike, AO World, H&M and Currys
H & M Hennes & Mauritz And 2 Other Swedish Stocks Considered Below Estimated Intrinsic Value
Stocks to Watch Next Week: Ashtead, Telecom Plus, DS Smith and UK Interest Rates
H&M's Sales Are Showing Green Shoots -- Market Talk
H&M Showing Early Signs of Improvement -- Market Talk
H&M Has Several Sources of Upside -- Market Talk
Far East Development Affiliated to Proposes Sale of UK Properties
Far East Development (00035) announced that on May 14, 2024, the seller (Boundary Farm Car Park Limited, an indirect non-wholly-owned subsidiary of the company) intended to sell such properties to the buyer (Boundary Park Holdings Ltd) for £17.245 million plus VAT. Property 1 is freehold land located at Boundary Farm, Styal Road, Manchester (M22 5YA), UK Land Registry
H&M Targets Higher Sales as Fiscal First Quarter Operating Profit Strengthens; Shares Soar 12%
H&M, Vargas JV to Open Circular Polyester Production Plants
European Stocks That Are Sensitive to Lower Consumer Consumption - JPM
HENNS & MRTZ ADR To Go Ex-Dividend On May 6th, 2024 With 0.06198 USD Dividend Per Share
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