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The Fast-fashion retailer is changing course for the holiday season after a key mistake last year.
The fast-fashion retailer can renegotiate or exit about one-third of its leases each year and instead support stronger-performing stores.
H & M Hennes & Mauritz AB (HMRZF) posts a 10.6% operating margin and improved rolling 12-month profitability, but soft sales growth, rising freight costs, and bloated inventories cloud the outlook.
H&M Group reported a 23% rise in operating profit for the third quarter of fiscal 2026 (Q3 FY26), as one-time tariff-related effects and tighter cost controls lift margins.
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