• 11/10/2024

H&M Backs Margin Target But Cautions on More Challenging Conditions

Wall Street Journal

Swedish fashion retailer Hennes & Mauritz backed its profitability target for this year, but cautioned that conditions have become more challenging as raw materials and currency are now expected to have a more negative impact in the second half than previously expected.

https://www.wsj.com/articles/h-m-backs-margin-target-but-cautions-on-more-challenging-conditions-025c0c9c