H&M's Q2 sales fall slightly more than expected, rise 1% in local currencies
Published by Global Banking & Finance Review®
Posted on June 26, 2025
1 min readLast updated: January 23, 2026
Published by Global Banking & Finance Review®
Posted on June 26, 2025
1 min readLast updated: January 23, 2026
H&M's Q2 sales fell more than expected, with a 1% rise in local currencies. Operating profit also declined, missing analyst forecasts.
STOCKHOLM (Reuters) - Swedish fashion retailer H&M reported on Thursday a slightly bigger drop than expected in second-quarter sales and said it expected sales in June, measured in local currencies, to rise 3%.
Sales in the March-May period were 56.7 billion crowns ($5.99 billion), down from 59.6 billion a year ago. Analysts polled by LSEG had on average forecast a turnover of 57.0 billion crowns. Measured in local currencies sales were, however, up 1%.
Operating profit at the world's second-largest listed fashion retailer fell to 5.91 billion crowns from 7.10 billion, against a forecast of 5.88 billion.
($1 = 9.4635 Swedish crowns)
(Reporting by Greta Rosen Fondahn and Helen Reid, editing by Anna Ringstrom)
H&M reported sales of 56.7 billion crowns ($5.99 billion) for the March-May period, down from 59.6 billion a year ago.
The operating profit fell to 5.91 billion crowns from 7.10 billion, slightly above the forecast of 5.88 billion.
Analysts polled by LSEG had forecast an average turnover of 57.0 billion crowns for the second quarter.
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