Hennes & Mauritz reported net sales of $16.88 billion for the first nine months of 2024, nearly unchanged year-over-year.
Gross profit rose to $8.95 billion, improving the gross margin to 53 per cent.
Despite a drop in third-quarter profits, H&M expects a September sales increase of 11 per cent due to strong autumn collection performance and expansion efforts.Hennes & Mauritz reported net sales of $16.88 billion for the first nine months of 2024, nearly unchanged year-over-year.
Gross profit rose to $8.95 billion, improving the gross margin to 53 per cent.
Despite a drop in third-quarter profits, H&M expects a September sales increase of 11 per cent due to strong autumn collection performance and expansion efforts.
