H&M First Quarter Operating Profit Beats Expectations
H&M reported a larger than expected rise in operating profit for the first quarter. The retailer also expects March sales to grow 1% in local currencies.
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The fashion retailer H & M Hennes & Mauritz AB (publ) has reported a stronger-than-anticipated operating profit for its first fiscal quarter. Based in Sweden, the company announced on Thursday that its earnings for the December-February period exceeded market expectations.
