By Abigail Townsend
Date: Thursday 27 Jun 2024
(Sharecast News) - Shares in Hennes & Mauritz tumbled on Thursday, despite a 50% surge in second-quarter profits, after poor weather hit sales in June.
The fashion giant said net sales increased 3% in the three months to 31 May, while operating profits jumped to Swedish krona 7.1bn (£530m) from SEK4.7bn...
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