Business Summary: H & M Hennes & Mauritz AB is a Sweden-based company active in the clothing industry. It operates under such brand names, as H&M, H&M Home, COS, Monki, Weekday, Cheap Monday and & Other Stories. It is engaged in the design, manufacture and marketing of clothing items and related accessories. The Company’s product range comprises clothing, including underwear and sportswear, for men, women, children and teenagers, as well as cosmetic products, accessories, footwear and home textiles. The Company offers its products in a number of branded stores spread across over 40 markets. Additionally, the Company offers online and catalogue sales in Sweden, Norway, Denmark, Finland, the Netherlands, Germany, Austria and the United Kingdom, among others.
Financial Summary: BRIEF: For the three months ended 28 February 2025, H & M Hennes & Mauritz AB revenues increased 3% to SEK55.33B. Net income decreased 52% to SEK590M. Revenues reflect Europe and Africa segment increase of 4% to SEK35.02B, North and South America segment increase of 4% to SEK13.2B, Western Europe segment increase of 4% to SEK17.96B, Southern Europe segment increase of 7% to SEK7.36B, Retail Sales - Total increase of 3% to SEK55.33B.