Hennes & Mauritz AB ADR (HNNMY) - OTCPK - Current
  • Thu, Jan. 28, 4:15 AM
    • Deutsche Bank (NYSE:DB) -1% premarket after posting a full-year loss of €6.8B, as writedowns, litigation charges and restructuring costs took their toll.
    • Electrolux (OTCPK:ELUXY) slumped to a Q4 loss after costs from its failed GE deal weighed on results.
    • A strong dollar hit purchasing costs at H&M (OTCPK:HNNMY), resulting in a set of relatively lackluster earnings.
    • Roche (OTCQX:RHHBY) reported 5% fall in full-year net income as the strong Swiss franc countered gains from the company’s diagnostics and cancer treatment units.
    | Thu, Jan. 28, 4:15 AM
  • Jun. 25, 2015, 8:34 AM
    • Hennes & Mauritz (OTCPK:HMRZF, OTCPK:HNNMY) reports revenue rose 10% (ex-VAT) to 45.87B Swedish kronor ($5.575B) in FQ2.
    • EPS was 3.90 per kronor vs. 3.51 a year ago.
    • Sales growth accelerated in June to 14%.
    • Gross margin rate fell 140 bps to 59.4%. Operating profit rate -180 bps to 18.2%.
    • Purchasing costs were higher in Q2 due in part to the strong U.S. dollar.
    • The company says the launch of H&M Beauty to 900 stores this fall will be a boost to results.
    • Hennes & Mauritz 6-month report (.pdf).
    | Jun. 25, 2015, 8:34 AM
  • Mar. 24, 2015, 8:22 AM
    • Hennes & Mauritz (OTCPK:HMRZF, OTCPK:HNNMY) reports net profit of 3.61B kronor ($423M) for FQ1 to top the consensus expectation of analysts of 3.37B kronor.
    • Total revenue was up 25% Y/Y to 40.28B kronor ($15.51B).
    • Gross margin rate +30 bps to 55.2%.
    • As expected, a strong U.S. dollar had an impact on results.
    • Sales growth by region (local currency): U.S. +28%, China +28%, Germany +5%, France +11%, Italy +21%, Switzerland +4%.
    • H&M says it sees opening 400 store this year, including expansion in the U.S. and China.
    • Full earnings report (.pdf)
    | Mar. 24, 2015, 8:22 AM
Company Description
Currently, there's no company description for HNNMY.
Sector: Services
Industry: Department Stores
Country: Sweden