H&M missed Q2 profit estimates as leaner stock levels curbed sales
What's new: Operating profit was 5.91 billion crowns versus a 6.38 billion-crown analyst forecast, and H&M expects June sales to be flat.
Bloomberg, The Business Times (Singapore)
What's new: Operating profit was 5.91 billion crowns versus a 6.38 billion-crown analyst forecast, and H&M expects June sales to be flat.