Company Earnings UpdateH&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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Analyst Corner: Five Back-to-School Shopping Trends to Watch, with Madhav PitaliyaFive Ways Brands and Retailers Can Use AI/ML and Shared Data to Energize End-to-End Product ManagementAnalyst Corner—US Convenience Store Retailing: Battling Headwinds and Seeking New Opportunities, with Sujeet NaikHead-to-Head in Global Discount Grocery Retailing: Aldi vs. Lidl
