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: Shoptalk 2024 Day Two: A Triad of Trends—Personalization, Innovation and CollaborationHoliday 2024—Shoppers Are Buying Decorations, Toys and Apparel: US Consumer Survey InsightsRetail Shrink and ORC: California and New York Enact Tough New Anti-Theft LawsThe High-Tech High End: Solutions Elevating Supply Chain and Operations in Luxury Retailing
