Hennes & Mauritz AB Unsponsored ADR (HNNMY)
Summary
HNNMY Chart
HNNMY Q2 Earnings Call Highlights Margin Gains & Sales Gap
H&M's Q2 earnings call highlights stronger margins and leaner inventory, but sales gaps, Western Europe weakness and logistics issues weigh on growth.
H&M store closures: List includes several regions as fast-fashion giant trims footprint by 128 locations
The fast-fashion retailer H&M is a staple in many malls and shopping districts across America and much of the rest of the world.
H&M Earnings Hit by One-Off Costs as Turnaround Efforts Continue
Earnings were dented by $127.2 million in one-off restructuring costs as the retailer made organizational changes.
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Hennes & Mauritz AB Unsponsored ADR Profile
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Daniel Erver CEO | OTC PINK Exchange | 425883105 CUSIP |
| SE Country | 140,000 Employees | 27 May 2026 Last Dividend | 7 Jun 2010 Last Split | - IPO Date |
Overview
H & M Hennes & Mauritz AB (publ), headquartered in Stockholm, Sweden, is a leading global retailer specializing in clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children. Founded in 1943, the company has grown to offer a wide range of products under multiple brand names, including H&M, H&M HOME, and several others. Besides retailing, H&M has also ventured into digital platforms for second-hand fashion and creative merchandise design and production. The company is dedicated to extending the lifespan of garments through innovative reuse and recycling solutions, demonstrating its commitment to sustainable fashion.
Products and Services
- Clothing and Accessories: A diverse assortment of fashion wear for women, men, and children, including sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear items.
- Home Goods: A variety of interior products such as bed linens, dinnerware, textiles, furniture, and lighting to enhance the comfort and aesthetics of living spaces.
- Brands: Products are offered under several brand names, including H&M, H&M HOME, H&M Move, H&M Beauty, COS, Weekday, Monki, & Other Stories, ARKET, Afound, and Singular Society, catering to a broad range of styles and preferences.
- Sellpy: A comprehensive digital platform for second-hand fashion and other products, enabling customers to buy and sell pre-owned items easily, promoting sustainability in fashion.
- Creator Studio: A global platform that offers merchandise design and production services, facilitating the creation of custom and creative fashion items.
- Looper Textile: Solutions for extending the useful life of unwanted garments through reuse and recycling initiatives, aimed at reducing waste and promoting sustainable fashion practices.
