Company Earnings Update 2 minutesRegister for Free AccessH&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? Register for a free user account. This document was generated for Other research you may be interested in: Head-to-Head in Global Discount Grocery Retailing: Aldi vs. LidlThree Data Points We’re Watching This Week, Week 3: Retailer FocusRetail-Tech Landscape: Shoptalk US “Shark Reef” Startup Pitch, 2018–2025Inflation Up, Sentiment Down: Alarm Bells for the US Consumer Economy?
