Fashion giant H&M beats full-year profit estimates as fourth-quarter sales miss
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H&M reported a better-than-expected increase in full-year operating profit, despite missing sales forecasts in the fourth quarter.
January 30, 2025 | 7:45 am
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H&M's full-year operating profit exceeded expectations, but Q4 sales were below forecasts. This mixed result may lead to short-term volatility in H&M's stock price.
The better-than-expected full-year profit is a positive indicator, but the Q4 sales miss could cause concern among investors, leading to potential short-term volatility in the stock price.
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RELEVANCE 100