H & M Hennes & Mauritz AB (HMb.ST)
20 Mar 2019
STOCKHOLM Shares in Sweden's H&M, the world's second-biggest fashion retailer, slipped on Friday after quarterly local-currency sales growth matched forecasts but failed to allay longer-term market concerns over margins and inventory.
* Inventories have piled up in fast-changing market (Adds analyst comments, shares, background)
STOCKHOLM, March 15 Sweden's H&M, the world's second-biggest fashion retailer, reported on Friday local-currency sales growth for its fiscal first quarter that matched expectations.
* Swedish fashion retailer H&M's main owner and Chairman Stefan Persson bought 6 million shares in the company between February 7 and February 11 according to an update of the Swedish Financial Supervisory Authority's insider registry on Tuesday.
* Swedish fashion retailer H&M's main owner and Chairman Stefan Persson bought nearly 10.4 million shares in the company between January 31 and February 4 according to an update of the Swedish Financial Supervisory Authority's insider registry on Tuesday. (Reporting by Johannes Hellstrom)
STOCKHOLM Sweden's H&M disappointed investors with a 10 percent tumble in quarterly profit, the world's second largest fashion retailer blaming investment aimed at boosting its online business for the decline.
* Dividend unchanged; markdowns set to fall in Q1 (Adds details from news conference)
STOCKHOLM, Jan 31 Swedish fashion retailer H&M reported on Thursday an unexpected fall in fiscal fourth-quarter pretax profit, hit by lingering costs to upgrade its logistics systems, but kept its annual dividend payout unchanged.
LONDON, Dec 17 European shares tumbled on Monday when a profit warning from online fashion retailer ASOS sent retail stocks into nose-dive as investors fretted that consumers were failing to deliver the traditional pre-Christmas spending boost to markets.
STOCKHOLM H&M reported on Monday sales growth in the three months to November but doubts about the strength of recovery at the world's second-biggest fashion group sent its shares down.