S&P 500 & Equities·Bloomberg Markets· 2h ago

H&M Reports a Weak Start to the Year as Sales Disappoint

The Big Market Report Take

Swedish fast-fashion retailer Hennes & Mauritz AB first-quarter sales fell short of expectations even as it beat operating profit estimates thanks to cost controls in a quarter plagued by weak consumption and large currency effects.

Not financial advice. The Big Market Report aggregates news for informational purposes only. Nothing on this site constitutes investment advice. Equities and other securities are subject to market risk. Always do your own research and consult a qualified financial advisor before making any investment decisions. Full disclaimer →

Never miss a story

More from this section