Company Earnings Update | September 17, 2019 Register for Free Access H&M (OMX: HM-B) 3Q19 Update: Sales Beat Estimates; Gains Market ShareH&M reported 3Q19 net sales of SEK 62.6 billion, up 12% year over year, higher than the 11% recorded in 2Q19 and with revenues slightly ahead of the consensus estimate of SEK 62 billion recorded by StreetAccount. Read More
Company Earnings Update | June 28, 2019 Register for Free Access H&M (STO: HM-B) 2Q19 Results: Gains Market Share, Cuts Markdowns, Points to Long-Term Benefits of TransformationH&M confirmed its 2Q19 sales came in ahead of estimates and reported EPS of SEK 2.76, down 1.4% year over year and missing the consensus of SEK 2.81. Read More
Company Earnings Update | June 18, 2019 Register for Free Access H&M (OMX: HM-B) 2Q19 Update: Sales Beat Estimates; Transformation Work Intensifies Read More
Insight Report | May 25, 2019 Premium Who Shops Where for Apparel: US Shopper DemographicsOur Who Shops Where reports profile US consumers who shop for selected categories at major US retailers. In this report, we look at the demographics of apparel shoppers. Read More
Company Earnings Update | April 1, 2019 Register for Free Access H&M (STO: HM-B) 1Q19 Results: Profits Slide but Beat Consensus, Positive Signs on Full-Price SalesIn 1Q19, H&M grew net sales by 10% and the gross margin by 10 basis points, helped by a reduction in markdowns. EPS of SEK 0.49 came in comfortably ahead of the SEK 0.31 consensus. Read More
Company Earnings Update | March 18, 2019 Register for Free Access H&M (OMX: HM-B) 1Q19 Update: Sales Beat; Focus Now on DigitalH&M reported 1Q19 net sales of SEK 51.02 billion, up 10.0% year over year, a slightly slower pace compared the 12% growth recorded in 4Q18, but marginally ahead of the consensus estimate of SEK 50.0 billion recorded by StreetAccount. Read More
Company Earnings Update | February 1, 2019 Register for Free Access H&M (STO: HM-B) FY18 Results: Logistics Upgrade Proves a Drag on ProfitsFor 1Q19, the company expects markdowns to be around 1 percentage point lower compared to the year-ago period and expects to see continued improvement in inventory, led by strong collections and increased full-price sales. Net sales for the period December 1, 2018 to January 28, 2019, increased 4% year over year in local currencies. In FY19, the company plans to open around 335 new stores, of which around 240 will be H&M stores. H&M plans to close 160 stores. The company will open new logistics centers outside Madrid and north of London at the end of 2019 or beginning of 2020. Read More
Company Earnings Update | December 18, 2018 Register for Free Access H&M (STO: HM-B) 4Q18 Sales Update: Constant-Currency Sales Rise 6.0%In 4Q18, H&M grew sales including value-added tax (VAT) by 11.9% in its reporting currency, the Swedish krona. Read More
Company Earnings Update | September 28, 2018 Register for Free Access H&M (STO: HM-B) 3Q18 Results: Logistics Costs, Online and Store Expansion Pummel Profit MarginsFor 3Q18, H&M reported a 6.6% increase in gross profit—to SEK 28.1 billion—yielding a gross margin of 50.3%. The company had already reported total 3Q18 sales growth of 9.0%. Read More
Company Earnings Update | September 18, 2018 Register for Free Access H&M (STO: HM-B) 3Q18 Sales Update: Sales Momentum Improves from the Last Quarter Thanks to Continuous Business RevampIn 3Q18, H&M grew sales including value added tax (VAT) by 9.1% in reporting currency. Constant-currency sales growth of 4.0% was comfortably ahead of the consensus estimate of 2.6% growth. Read More
Store Tracker | July 13, 2018 Premium Weekly Store Openings and Closures Tracker 2018, Week 28: Fabletics Plans 75 New StoresYear-to-date 2018, the number of US store closure announcements stands at 4,204 and the number of store openings is 2,153. Year to date in the UK, there have been 999 store closure announcements and 632 store opening announcements. Read More
Company Earnings Update | June 18, 2018 Register for Free Access H&M (STO: HM-B) 2Q18 Sales Update: Growing Store Numbers Fail to Push Sales HigherH&M reported that total sales growth for 2Q18 was flat in constant-currency terms. Read More
Company Earnings Update | March 28, 2018 Register for Free Access H&M (STO: HM-B) 1Q18 Results: Cold Weather and Markdowns Hamper Sales and Profit GrowthSwedish fashion group H&M announced absolute sales and profit data for 1Q18 on March 27. The company had already announced 1Q18 revenue growth on March 15. Read More
Company Earnings Update | March 16, 2018 Register for Free Access H&M (STO: HM-B) 1Q18 Sales Update: Very Weak Performance Despite Solid Growth in Store NumbersH&M reported that total 1Q18 sales growth was flat in constant-currency terms. Read More
Deep Dive | February 26, 2018 Premium Deep Dive: Chinese Apparel Shoppers – Online Vs. Offline Preferences and Drivers of Customer SatisfactionAlthough e-commerce is the preferred channel for purchasing apparel in China, brick-and-mortar is still very relevant. Our proprietary consumer survey shows that the vast majority of Chinese consumers (96%) purchase apparel both online and offline. Read More
