H&M exceeds expectations for a 33% increase in profit in the second quarter
Summary by Ground News
H&M reported a pretax profit of 4.78 billion Swedish crowns ($470.76m) in the second quarter. Analysts polled by Refinitiv had on average forecast a 3.87 billion crown profit. Sales were up 12% year-on-year when measured in local currencies, at 54.5 billion crowns.1 month ago·Stockholm, Sweden
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