trending Market Intelligence /marketintelligence/en/news-insights/trending/6PwP946WP2f9xOeukub13w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

H&M Q1'19 sales grow 10%, beating expectations


H&M Q1'19 sales grow 10%, beating expectations

Swedish fast-fashion giant H & M Hennes & Mauritz AB (publ) said March 15 its fiscal first-quarter 2019 sales increased 10% to 51.02 billion Swedish kronor.

The company's first quarter runs Dec. 1, 2018, through Feb. 28. The S&P Global Market Intelligence consensus estimate for the quarter's sales was 50.18 billion Swedish kronor.

H&M said its first-quarter sales rose 4% in local currencies. The company said it will release its full first-quarter earnings March 29.

H&M's shares shed 4.92% to close March 15 at 136 Swedish kronor.

The company reported EPS for the fiscal fourth quarter of 2018 that missed analysts' expectations Jan. 31.

As of March 14, US$1 was equivalent to 9.32 Swedish kronor.