H&M reports increased profits in the third quarter
Net sales rose marginally while operating profit and cash flow improved significantly due to cost control and one-off effects from customs. CEO Daniel Ervér highlights efficiency improvements.
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Fashion and design retail group
hmgroup.comLast updated
In short: H&M reported a 23% third-quarter operating profit rise to $609 million amid expansion and collaborations.
Net sales rose marginally while operating profit and cash flow improved significantly due to cost control and one-off effects from customs. CEO Daniel Ervér highlights efficiency improvements.
First stores at Antara Fashion Hall and Artz Pedregal, plus partnerships with El Palacio de Hierro and online launch.
Revenue decreased but operating profit excluding one-time costs increased by 11 percent.
The meeting approves dividend of 7.10 SEK per share in two installments, re-elects board and chairman, appoints auditor and authorizes share repurchase and LTIP 2026.
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H&M Group reported SEK 57.2 billion ($5.77 billion) in net sales for the third quarter of fiscal 2026, while operating profit increased approximately 23% to...
H&M Group has provided profit forecasts for September 2026. For September, the company forecasts revenue growth of 1% compared to the same period last year...
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