By Michele Maatouk
Date: Wednesday 27 Mar 2024
(Sharecast News) - Swedish fashion retailer H&M surged on Wednesday after posting better-than-expected results for the first quarter.
Operating profit rose to 2.08bn Swedish krona from 725m a year earlier, coming in 1.4% above consensus expectations.
Meanwhile, first-quarter sales declined by 2% to 53.7bn Swedish krona, but this was better...
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