Published 1 month ago

H&M stock leaps because consumers are still buying spring clothes

Summary by Ground News

Shares of Hennes & Mauritz, better known asH&M, jumped by more than 13% during early morning trading hours on Wednesday. The company reported better-than-expected first quarter results. H&M said it is also increasing its operating margin, setting a new target rate for the fiscal 2024 year of 10%.

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H&M stock leaps because consumers are still buying spring clothes

Shares of Hennes & Mauritz, better known as H&M, jumped by more than 13% during early morning trading hours on Wednesday after the company reported better-than-expected first quarter results.Read more...

1 month ago·United States

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