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: US CPG Sales Tracker: Sharp Beauty Rise Drives CPG Growth in December 2024Analyst Corner: How Is AI Shaping MarTech?—Transforming Your Strategy via Agentic AI, with Manik BhatiaUS Retail Sales Outlook: Our Retail Growth Outlook Score Strengthens, SlightlySentiment Holds Steady As August Tariffs Deadline Looms: China Consumer Survey Insights
