Advertisement
UK markets close in 4 hours 6 minutes
  • FTSE 100

    7,529.58
    +15.86 (+0.21%)
     
  • FTSE 250

    18,626.53
    +7.79 (+0.04%)
     
  • AIM

    722.53
    +1.67 (+0.23%)
     
  • GBP/EUR

    1.1662
    +0.0004 (+0.03%)
     
  • GBP/USD

    1.2580
    -0.0013 (-0.11%)
     
  • Bitcoin GBP

    34,741.62
    +525.90 (+1.54%)
     
  • CMC Crypto 200

    903.75
    +11.03 (+1.24%)
     
  • S&P 500

    4,585.59
    +36.25 (+0.80%)
     
  • DOW

    36,117.38
    +62.95 (+0.17%)
     
  • CRUDE OIL

    70.50
    +1.16 (+1.67%)
     
  • GOLD FUTURES

    2,046.10
    -0.30 (-0.01%)
     
  • NIKKEI 225

    32,307.86
    -550.45 (-1.68%)
     
  • HANG SENG

    16,334.37
    -11.52 (-0.07%)
     
  • DAX

    16,653.19
    +24.20 (+0.15%)
     
  • CAC 40

    7,479.83
    +51.31 (+0.69%)
     

H&M: Q2 Net Sales Rise 12% Y/Y

By Scott Kanowsky

Investing.com -- H&M Hennes&Mauritz AB B (ST:HMb) has said it expects to post a better-than-expected increase in second quarter net sales.

The Swedish company said net sales in local currencies jumped by 12% year-on-year during the March-May period, up to SEK 54.50B. Analysts had expected sales to come in at SEK 52.8B, according to a Refinitiv forecast cited by Reuters.

H&M will report its full quarterly results on June 29th.

Stockholm-listed shares in H&M were lower in early trading on Wednesday.

Related Articles

Biden demands oil companies explain lack of gasoline as prices rise

Exclusive-Baidu in talks to sell majority stake in iQIYI, China's answer to Netflix -sources