- (PLX AI) – H&M shares fell 2% at the open as third-quarter sales recovered slower than expected.
- • H&M Q3 sales SEK 55,585 million missed consensus of SEK 57,880 million, with lockdowns and restrictions in Asia continuing to hamper development
- • The uncertainty around the pandemic and Asian effects may prevail in the near-term, SEB analysts said
- • NOTE: Competitor Inditex topped consensus with first-half sales up 53% in constant currencies
Quelle: PLX AI