Throughout the quarter ending 31 August 2025 (Q3), H&M’s working revenue grew 40%, reaching SEK4.91bn, up from SEK3.51bn within the earlier 12 months quarter.
H&M’s working margin now stands at 8.6%.
H&M CEO Daniel Ervér mentioned: “Via a stronger buyer providing, an improved gross margin and good value management, now we have strengthened working revenue in contrast with the identical quarter final 12 months. The rise in revenue reveals that we’re heading in the right direction on account of the progress now we have made in our plan.
“That is additionally mirrored within the reception we obtained on the launch of H&M in Brazil in August. With the H&M model’s international energy and a regionally related buyer providing, now we have taken an essential step into a big vogue market. We see good potential to develop each in Brazil and elsewhere in Latin America.”
Throughout the third quarter, H&M’s gross sales rose by 2% when adjusted for forex fluctuations.
Nevertheless, there was a 4% discount within the variety of shops in comparison with the identical interval within the earlier 12 months.
The corporate’s gross revenue remained steady at SEK30.14bn, translating to a gross margin enhance to 52.9%, up from 51.1%.
H&M skilled a constant efficiency with a 2% rise in internet gross sales in native currencies in the course of the first three quarters.
Gross revenue for this era stood at SEK88.74bn, comparable to a gross margin of 52.5%.
The working revenue for the nine-month interval amounted to SEK12.03bn with an working margin of seven.1%.
The corporate anticipates that gross sales for September 2025 will align with these from the identical month within the earlier 12 months.
“In an surroundings of ongoing uncertainty with cautious shoppers, all of us inside the H&M group are constantly specializing in our buyer providing – at all times giving the very best worth for cash. Our robust tradition, along with good value management and suppleness, permits us to proceed constructing a steady basis for long-term, worthwhile and sustainable progress in an more and more complicated surroundings, whereas taking extra essential steps in direction of our formidable sustainability objectives,” Daniel Ervér added.
“Value management, product provide sees H&M Q3 working revenue rise” was initially created and printed by Simply Type, a GlobalData owned model.
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