HM-B.ST - H & M Hennes & Mauritz AB (publ)

Stockholm - Stockholm Real Time Price. Currency in SEK
166.62
-1.54 (-0.92%)
At close: 5:29PM CEST
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Previous Close168.16
Open168.18
Bid166.72 x 0
Ask166.86 x 0
Day's Range165.48 - 168.18
52 Week Range120.50 - 173.00
Volume2,050,743
Avg. Volume3,331,190
Market Cap275.768B
Beta (3Y Monthly)1.01
PE Ratio (TTM)22.95
EPS (TTM)7.26
Earnings DateN/A
Forward Dividend & Yield4.85 (2.88%)
Ex-Dividend Date2019-11-11
1y Target Est133.09
  • Our Take On H & M Hennes & Mauritz AB (publ)'s (STO:HM B) CEO Salary
    Simply Wall St.6 days ago

    Our Take On H & M Hennes & Mauritz AB (publ)'s (STO:HM B) CEO Salary

    Karl-Johan Persson became the CEO of H & M Hennes & Mauritz AB (publ) (STO:HM B) in 2009. First, this article will...

  • Thomson Reuters StreetEvents18 days ago

    Edited Transcript of HM B.ST earnings conference call or presentation 27-Jun-19 12:00pm GMT

    Half Year 2019 H & M Hennes & Mauritz AB Earnings Call

  • H&M Gains as Retailer Shows Early Progress Toward Turnaround
    Bloomberg22 days ago

    H&M Gains as Retailer Shows Early Progress Toward Turnaround

    (Bloomberg) -- Hennes & Mauritz AB surged after the struggling Swedish clothing retailer showed progress coping with a buildup of unsold garments, raising hopes that the worst may be over after a three-year slump in earnings.Inventory dropped slightly as a proportion of sales, easing to 18.2% at the end of May from a record 18.9% as of last August, H&M said Thursday. Chief Executive Officer Karl-Johan Persson said H&M still aims to boost operating profit this year. The stock rose as much as 11% Thursday in Stockholm.A pickup in revenue growth at the start of the third quarter, helped by a heat wave in Europe, is boosting optimism that the retailer may have returned to a level of sales growth that could gradually put the inventory issue behind it. H&M pledged to reduce discounts for a fourth consecutive quarter as it aims to reduce its 40-billion kronor ($4.5 billion) buildup of unsold garments.Analysts pointed to the June revenue growth of 12% as the trigger for the share gain. The stock can be volatile because short sellers have targeted H&M, betting against almost a fifth of the freely traded shares.Better CompositionThe retailer said that the composition of inventory has improved, implying it will become easier to sell the garments. The family-controlled company has a goal of eventually reducing stock-in-trade to 12% to 14% of sales, a level last seen three years ago. When asked in an interview if that could take four of five years, CEO Persson said it should be less than that, saying he’s “confident” H&M is heading in the right direction.“H&M is improving its offer, which should lead to a sales and earnings recovery in time, albeit with execution risk in an ongoing tough competitive environment,” wrote Richard Chamberlain, an analyst at RBC Europe.The company has recently been offering discounts of up to half off on summer clothes, offering $1.99 camisole tops, $25.99 faux leather biker jackets and skinny jeans for $8.99.H&M also cut this year’s store expansion plan by 26% while pledging more investment in e-commerce. H&M now expects 130 net store openings, further decelerating from a rate that exceeded 400 in recent years. Most of the new H&M shops will be outside of Europe and the U.S. as the retailer seeks faster-growing markets.H&M has been plowing investment into e-commerce, adding online sales in Mexico, Thailand, Indonesia and Egypt this year.The Swedish retailer is trying to catch up after Zara owner Inditex SA made it possible to order clothes from its chains from virtually anywhere in the world. H&M’s e-commerce reach extends to about 48 markets.Inditex has forecast sales growth of 4% to 6% this year on a like-for-like basis as the Spanish retailer outperforms rivals such as Gap Inc.H&M is also trying to catch up with Inditex’s lead in RFID, a technology that allows retailers to track the location of clothes in stores and warehouses to boost efficiency. The Swedish retailer said it now uses RFID in 15 markets. Zara uses it in all its stores.The Swedish retailer said it plans to launch H&M on Indian e-commerce platform Myntra and its & Other Stories chain on China’s Tmall by this autumn.H&M warned that the weak krona is still pushing up buying costs as the retailer buys the bulk of its garments in Asia, where prices are linked to dollars. The krona was on average about 10% weaker against the dollar in the second quarter.Pretax profit dropped 1.3% in the three months through May, missing analysts’ estimates and declining an eighth consecutive quarter.To contact the reporters on this story: Thomas Mulier in Geneva at tmulier@bloomberg.net;Hanna Hoikkala in Stockholm at hhoikkala@bloomberg.netTo contact the editors responsible for this story: Eric Pfanner at epfanner1@bloomberg.net, John J. Edwards IIIFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Why H & M Hennes & Mauritz AB (publ) (STO:HM B) Is A Financially Healthy Company
    Simply Wall St.23 days ago

    Why H & M Hennes & Mauritz AB (publ) (STO:HM B) Is A Financially Healthy Company

    With a market capitalization of kr240b, H & M Hennes & Mauritz AB (publ) (STO:HM B) is a large-cap stock, which is...

  • Is H & M Hennes & Mauritz AB (publ)'s (STO:HM B) Liquidity Good Enough?
    Simply Wall St.23 days ago

    Is H & M Hennes & Mauritz AB (publ)'s (STO:HM B) Liquidity Good Enough?

    Investors looking for stocks with high market liquidity and little debt on the balance sheet should consider H & M...

  • Did Changing Sentiment Drive H & M Hennes & Mauritz's (STO:HM B) Share Price Down By 49%?
    Simply Wall St.25 days ago

    Did Changing Sentiment Drive H & M Hennes & Mauritz's (STO:HM B) Share Price Down By 49%?

    Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some...

  • How to Invest in Apparel Stocks
    Motley Foollast month

    How to Invest in Apparel Stocks

    There's no shortage of clothing retailers out there. Here's how to choose the best fit for you.

  • Should You Be Impressed By H & M Hennes & Mauritz AB (publ)'s (STO:HM B) ROE?
    Simply Wall St.last month

    Should You Be Impressed By H & M Hennes & Mauritz AB (publ)'s (STO:HM B) ROE?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • Do Insiders Own Shares In H & M Hennes & Mauritz AB (publ) (STO:HM B)?
    Simply Wall St.2 months ago

    Do Insiders Own Shares In H & M Hennes & Mauritz AB (publ) (STO:HM B)?

    The big shareholder groups in H & M Hennes & Mauritz AB (publ) (STO:HM B) have power over the company. Generally...

  • MarketWatch2 months ago

    H&M launches loyalty program, H&M Member, in the U.S.

    H&M Hennes & Mauritz AB announced the launch of its loyalty program, H&M Member, in the U.S.The two-tier program will include Member- and Plus-level status, birthday and member day discounts, free shipping on orders over $40, and perks with partner DryBar. H&M shares have gained nearly 27% for the year to date while the S&P 500 index is up 15.2% for the period.

  • H & M Hennes & Mauritz AB (publ) (STO:HM B) Earns A Nice Return On Capital Employed
    Simply Wall St.2 months ago

    H & M Hennes & Mauritz AB (publ) (STO:HM B) Earns A Nice Return On Capital Employed

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we'll evaluate H & M Hennes & Mauritz AB (publ) (STO:HM B) to determine whether it could have pot...

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of HM B.ST earnings conference call or presentation 29-Mar-19 8:00am GMT

    Q1 2019 H & M Hennes & Mauritz AB Earnings Call

  • H&M Finally Shows Some Signs of Life
    Bloomberg4 months ago

    H&M Finally Shows Some Signs of Life

    H&M had to offer less discounts to tempt shoppers, and expected this to continue in the current quarter. H&M has continued to invest in new concepts, such as Arket, a Nordic inspired store that includes fashion and home furnishings. A new H&M in the City of London has a fresh image that looks to have borrowed from Arket’s aesthetic.

  • Associated Press4 months ago

    H&M profit drops, sales go up in India mainly

    COPENHAGEN, Denmark (AP) — Swedish low-cost fashion brand Hennes & Mauritz AB has announced first-quarter profit dropped to 803 million kronor ($86.4 million), down from 1.4 billion kronor a year ago, saying the earlier period was positively affected by one-off tax income as a result of U.S. tax reform.

  • Retail giants “bucking the trend from brick and mortar”
    Yahoo Finance Video3 months ago

    Retail giants “bucking the trend from brick and mortar”

    Is it time to buy retail stocks? Hennessy Funds CIO Neil Hennessy joins Yahoo Finance's Akiko Fujita and Scott Gamm to discuss.