Company Earnings UpdateH&M (OMX: HM-B) 2Q19 Update: Sales Beat Estimates; Transformation Work Intensifies Coresight Research June 18, 2019 Executive Summary H&M reported 2Q19 net sales of SEK 57.5 billion, up 11% year over year, a faster pace than the 10% recorded in 1Q19 and with revenues slightly ahead of the consensus estimate of SEK 57.2 billion recorded by StreetAccount. In local currencies, net sales increased by 6% year over year versus the 5.9% consensus estimate. H&M will publish its full 2Q19 report on June 27, 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 Other research you may be interested in: Three Data Points We’re Watching This Week, Week 25: Predictive Data—Looking Ahead in US RetailInnovator Profile: Novel—Driving Conversion and Boosting Loyalty with Branded Wallet PassesRedefining Global Sourcing: What a US–India Trade Deal Means for Retailers and ManufacturersEarnings Insights 4Q24, Week 2: Columbia Sportswear, Mondelēz and Tapestry See Sales Growth; Clorox, Estée Lauder and PepsiCo Report Declines
