International Companies

H&M cuts 2024 earnings target, shares fall

By Abigail Townsend

Date: Thursday 26 Sep 2024

(Sharecast News) - Fashion giant Hennes & Mauritz cut its full-year margin target on Thursday, weighing on shares, after a "challenging" third quarter.
The Swedish retailer, which owns Monki, & Other Stories and Cos as well as the flagship H&M brand, said net sales in the three months to 31 August...

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