H&M plunges 13% on doubts over full-year margin target, June sales outlook

Shares of H&M plunged more than 14% Thursday morning after the company reported a smaller-than-expected increase in second quarter profits.

Jun 28, 2024 - 01:00
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H&M plunges 13% on doubts over full-year margin target, June sales outlook
Shares of H&M plunged more than 14% Thursday morning after the company reported a smaller-than-expected increase in second quarter profits.