Earnings Alerts

Hennes & Mauritz AB (HMB) Earnings: 2Q Gross Margin Surpasses Estimates at 56.3%

  • Strong Gross Margin: H&M’s gross margin for the second quarter is 56.3%, surpassing the estimated 55.9%.
  • Pretax Profit: The company reported a substantial pretax profit of SEK 6.67 billion.
  • Net Income: H&M’s net income stands at SEK 5.01 billion for the second quarter.
  • Total Stores: The retailer now operates a total of 4,319 stores worldwide.
  • Analyst Ratings: H&M has received 13 buy ratings, 8 hold ratings, and 10 sell ratings from analysts.

A look at Hennes & Mauritz AB Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, Hennes & Mauritz AB (H&M) seems to have a positive long-term outlook. The company scored highly in Growth and Momentum, indicating strong potential for expansion and market performance. With a solid Dividend score, H&M shows promise in providing returns to its investors. However, lower scores in Value and Resilience suggest areas that may need improvement for sustained growth. H&M, known for its trendy fashion offerings across various demographics, operates stores in Europe and the United States, positioning itself as a key player in the retail industry.

In summary, Hennes & Mauritz AB (H&M) appears well-positioned for growth and market success, particularly with its focus on fashion for women, men, teens, and children. While the company excels in areas of Growth and Momentum, there may be opportunities to enhance its Value and Resilience factors to further strengthen its overall performance in the long run. H&M’s diverse product range, including garments, accessories, and cosmetics, coupled with its international presence, solidifies its position as a leading retailer in the fashion industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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