H&M has reported a ‘slow’ third quarter as sales slip and it warns on profit guidance
Swedish fashion giant H&M has reported a “slow” third quarter as sales dipped and the retailer lowered its operating margin expectations.
H&M posted a 3% dip in net sales from SEK 60.9bn (£4.38bn) last year to SEK 59bn (£4.35bn) for the three months from June 1, 2024, to August 31, 2024.
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