Reported about 16 hours ago
H&M's fourth-quarter sales fell short of expectations, totaling 62.19 billion Swedish crowns, with a 3% increase in local currencies, attributed to a late Black Friday. However, sales showed growth of 4% in December and January, suggesting a positive start to the fiscal year. Despite improvements in operating profit margin and successful marketing efforts, analysts believe H&M needs further enhancements to its offerings and growth strategies.
Source: YAHOO