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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. Shares in Swedish-headquartered retailer H&M fell as mu…

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. 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.

Key takeaways

Quick scan — what you need to know:

  • 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.
  • 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. 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.

Background

What led here, in plain terms:

  • ailer 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.
  • Full context often emerges as officials, markets, or courts add updates.

Why it matters

Why readers and decision-makers should care:

  • 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.
  • 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. Shares in Swedish-headquartered retailer H&M fell as much as 7% on Thursday after the group said

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