Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Hennes & Mauritz (HNNMY) is well positioned to outperform the market, as it exhibits above-average growth in financials.
The shutdowns are part of Swedish-owned H&M's plan to close about 200 of more than 4,300 stores it operates globally as part of a cost-cutting effort.
Here is how Hennes & Mauritz AB (HNNMY) and Ross Stores (ROST) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Hennes & Mauritz (HNNMY) possesses solid growth attributes, which could help it handily outperform the market.
Here is how Hennes & Mauritz AB (HNNMY) and Groupon (GRPN) have performed compared to their sector so far this year.
Profit at H&M jumped 40% year-on-year in the second quarter. The retailer is undergoing a turnaround strategy under CEO Daniel Erver.
Swedish fashion retailer H&M reported slightly stronger second-quarter profit on Thursday, an encouraging sign as CEO Daniel Erver tries to attract more shoppers with trendier clothes.
CNBC's Karen Gilchrist weighs in on H&M's fiscal second quarter results, as it points to an uptick in summer sales despite cautious consumer sentiment.
H&M's fiscal second quarter sales came in weaker-than-expected, though the world's second largest clothing retailer pointed to an uptick in summer demand.
Here is how Hennes & Mauritz AB (HNNMY) and Jeronimo Martins SGPS SA (JRONY) have performed compared to their sector so far this year.