- H&M’s third-quarter sales came in at SEK 59.01 billion, falling short of the estimated SEK 60.39 billion.
- The company’s gross profit reached SEK 30.13 billion, slightly below the estimated SEK 30.92 billion.
- H&M reported a gross margin of 51.1%, just under the expected 51.2%.
- Operating profit for the quarter was SEK 3.51 billion, missing the estimate of SEK 4.63 billion.
- The net income for H&M stood at SEK 2.32 billion.
- The retailer operates a total of 4,298 stores worldwide.
- Analyst ratings include 16 buys, 7 holds, and 8 sells.
A look at Hennes & Mauritz AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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
According to Smartkarma Smart Scores, Hennes & Mauritz AB has a mixed long-term outlook based on its key factors. With a relatively low Value score of 2 and Resilience score of 2, there may be some challenges ahead for the company in terms of valuation and stability. However, H&M shines in terms of Dividend and Growth scores, both scoring a solid 4. This indicates that the company is performing well in terms of its dividend payments and growth potential, which may attract investors looking for steady returns and expansion opportunities. The Momentum score of 3 suggests that H&M has a moderate level of market momentum.
Hennes & Mauritz AB (H&M) is a fashion retailer known for designing and selling a wide range of trendy clothing and accessories for women, men, teens, and children. With stores in various European countries and the United States, H&M offers a mix of sporty, classic, and modern fashion choices to its customers. While the company may face some challenges in terms of value and resilience, its strong performance in terms of dividends, growth, and market momentum indicates a promising future ahead.
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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