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September 27, 2012

H&M profit misses, but ramps up store openings and will debut new brand

Swedish fast-fashion retailer Hennes & Mauritz AB reported that net income for the quarter ended Aug. 31 edged up less than 1% to $550 million, missing analysts’ expectations of $618 million in profit.

January 26, 2012

H&M profit drops in Q4, still on track to open 275 stores

Swedish fast-fashion retailer Hennes & Mauritz reported that net profit for the fourth quarter dipped to $997.2 million from $1.1 billion in the year earlier period.

September 29, 2011

H&M Q3 profit falls 15%, to add 265 stores

Hennes & Mauritz AB reported Thursday that profit for the third quarter fell 15% to $533 million, from nearly $621 million in the year-ago period.

June 22, 2011

H&M profit drops 18% on high costs; plans 178 new stores in second half

Hennes & Mauritz AB reported Wednesday that net income for its second quarter dropped 18% to $673 million, from $817 million in the year-ago period.

September 29, 2010

H&M Q3 profit rises 23%, misses Street

Hennes & Mauritz AB, Europe’s second-largest clothing retailer, reported Wednesday that net income for the...

September 9, 2008

IKEA Annual Sales Rise 7%

Sales at IKEA rose 7% in its latest financial year, a Swedish newspaper reported on...