March 18, 2019 2 minutes

H&M (OMX: HM-B) 1Q19 Update: Sales Beat; Focus Now on Digital

Primary Analyst: Coresight Research

Company Earnings Update

Executive Summary

H&M reported 1Q19 net sales of SEK 51.02 billion, up 10.0% year over year, a slightly slower pace compared the 12% growth recorded in 4Q18, but marginally ahead of the consensus estimate of SEK 50.0 billion recorded by StreetAccount.
Net sales increased by 4% year over year in local currencies versus the 4.2% consensus recorded by StreetAccount.
H&M will publish its full 1Q19 report on March 29, 2019.

Please Login to read the full report. Not a member? To access this content for free, register for a free account.

This document was generated for