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OTCMKTS:HNNMY

Hennes & Mauritz Q3 2024 Earnings Results & Report

Hennes & Mauritz logo
$3.52 +0.05 (+1.44%)
As of 03:50 PM Eastern

Hennes & Mauritz missed analyst expectations on both earnings and revenue in its Q3 2024 results, released September 26, 2024. The company reported EPS of $0.03 versus the $0.04 consensus estimate, while revenue of $5.61 billion fell short of the $5.84 billion estimate by $229.51 million.

Earnings Announcement Details

Quarter
Q3 2024

Hennes & Mauritz EPS Results

Actual EPS
$0.03
Consensus EPS
$0.04
Beat/Miss
Missed by -$0.01
One Year Ago EPS
N/A
EPS Beat Rate
1 of last 8 quarters

Hennes & Mauritz Revenue Results

Actual Revenue
$5.61 billion
Expected Revenue
$5.84 billion
Beat/Miss
Missed by -$229.51 million
YoY Revenue Growth
N/A

Conference Call Resources

Hennes & Mauritz Q3 2024 Earnings FAQ

Hennes & Mauritz (OTCMKTS:HNNMY) reported earnings of $0.03 per share for Q3 2024, missing the consensus estimate of $0.04. The report was announced on Thursday, September 26, 2024.

Hennes & Mauritz reported revenue of $5.61 billion for Q3 2024, against a consensus estimate of $5.84 billion.

Hennes & Mauritz Earnings Headlines

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About Hennes & Mauritz

Hennes & Mauritz (OTCMKTS:HNNMY), commonly known as H&M Group, is a Swedish fashion and retail company. Erling Persson founded the business in 1947 in Västerås, Sweden, initially selling women’s clothing under the name Hennes. In 1968, the company acquired the hunting and fishing retailer Mauritz Widforss, adding menswear and adopting the Hennes & Mauritz name.

The company sells clothing, footwear, accessories, beauty products and home furnishings through its retail stores and online platforms. Its brand portfolio includes H&M, COS, Weekday, & Other Stories and ARKET, serving customers across markets in Europe, North America, Asia and other regions.

H&M Group is headquartered in Stockholm. Daniel Ervér became the company’s chief executive officer in 2024.

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