H&M (HMB SS) Q1 2026 (SEK): Op. Profit 1.51bln (exp. 1.39bln), Revenue 49.6bln (exp. 50.5bln), EPS 0.45 (exp. 0.44), Net Income 704mln (exp. 706.6mln); March Sales +1% Y/Y
- Board proposes dividend of SEK 7.10/shr (prev. SEK 6.80/shr).
Commentary:
- The quarter began in December with weaker demand following strong Black Friday trading in November.
- Towards the end of the quarter our well-received spring collections contributed to a positive sales trend, which also continued into March.
Context
H&M's Q1 results show an operational profit that beat expectations, signaling some resilience in profitability amid mixed revenue numbers. While revenue fell short of forecasts, the positive trend in March sales and a proposed dividend increase reflect management's confidence and could bolster investor sentiment. Overall, the results suggest a cautiously optimistic outlook as the brand navigates seasonal demand fluctuations following a strong previous quarter.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#HENNES & MAURITZ AB#HMB.SS#EU SESSION#EUROPEAN EQUITIES