H&M Shares Fall on Profit Warning Due to Discounts

Shares in Swedish retailer H&M declined after the company announced expectations of increased profit loss from markdowns in the current quarter.

26 Mar, 11:53 — 26 Mar, 11:53

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marketwatchMostly Factual7h ago

H&M shares decline as clothing retailer warns of discounts

Shares in Swedish-headquartered retailer H&M fell as much as 7% on Thursday after the group said it expects to lose more profit to markdowns in the current quarter.

By Nora Redmond

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H&M Shares Fall on Profit Warning Due to Discounts

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H&M shares decline as clothing retailer warns of discounts

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