Loading...
Loading...
Hennes & Mauritz AB
HNNMY reported a rise in its Q2 sales.
H&M's quarterly sales climbed to 31.66 billion Swedish kronor ($4.52 billion), versus SEK27.63 billion, in the year-ago period. However, analysts were expecting total sales of SEK31.41 billion.
H&M's sales from stores open at least a year surged 3.0% in May. Analysts were expecting a 1.4% decline in sales. Total sales in May gained 12%, beating analysts' estimates of a 7.8% rise.
H&M's shares closed at $6.22 yesterday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in