H&M (HMB SS) says there were pockets across product types where we had a little short supply vs demand; sees a sales uplift in stores that have been upgraded recently
- Inventory composition is considered good going into Q3.
- Expects higher costs for freight in Q3.
- Southern Europe has shown resilience in the last months, unlike central and western Europe.
#HENNES & MAURITZ AB#HMB.SS#EU SESSION#EUROPEAN EQUITIES