Wed, Jun. 18, 3:44 AM
- H&M (HMRZF) is planning to add up to 10 new online markets and a shoe range after a solid performance in its second quarter.
- "We have had a good second quarter with a strong increase in both sales and profits and increased market share," says CEO Karl-Johan Persson.
- Net profit in Q2 rose 25% to $876M, from $693M in the same period of 2013. Sales including value-added tax totaled $6.7B.
- Hennes & Mauritz is planning to open 375 new stores worldwide this year.
There are no StockTalks on this stock yet.
HMRZF vs. ETF Alternatives
Other News & PR