Company Earnings Update 5 minutesRegister for Free AccessH&M (STO: HM-B) 3Q19 Results: Revenues and EPS Beat Consensus; Transformation Work on Track Coresight Research October 4, 2019 Executive Summary H&M reported 3Q19 net sales of SEK 62.57 billion, up 12.1% year over year and slightly higher than the consensus estimate of SEK 62.44 billion recorded by StreetAccount. The company reported EPS of SEK 2.33, up 24.6% year over year, and ahead of the consensus estimate of SEK 2.28 recorded by the StreetAccount. In FY19, the company plans to open a total of 290 new stores, including franchises, and the majority of these will open in 4Q19. 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: 1Q23 US Livestreaming Tracker: Consumers Seek Real-Time Engagement in the Shopping JourneyThree Data Points We’re Watching This WeekUS Mass Merchandisers, Warehouse Clubs and Discount Stores—Retail 2024 Sector Outlook: Slower Growth; Stronger Focus on EssentialsInnovator Profile: Puller AI—Empowering Retail Teams To Access Critical Data Effortlessly with a No-Code Platform
