|Bid||30.46 x N/A|
|Ask||30.47 x N/A|
|Day's Range||30.18 - 30.70|
|52 Week Range||20.86 - 32.85|
|Beta (5Y Monthly)||1.20|
|PE Ratio (TTM)||48.99|
|Earnings Date||Sep. 15, 2021|
|Forward Dividend & Yield||0.57 (1.84%)|
|Ex-Dividend Date||Oct. 29, 2021|
|1y Target Est||31.01|
H&M's sales jumped from March to May compared to a year earlier as pandemic restrictions eased in many markets and online demand stayed strong but revenue was still well below 2019 levels. The world's second-biggest fashion retailer said on Tuesday sales were up 62% year on year in the period - its fiscal second quarter - or 75% measured in local currencies, to 46.5 billion crowns ($5.59 billion). "As more people are vaccinated a number of markets have gradually allowed stores to reopen and the H&M group's strong recovery continues," the company said in a statement.
Hundreds of jobs are at risk after Gap moved to close 19 stores in Britain as the fashion retailer retreats from Europe. The US chain, which once had the same UK market share as Primark, has decided not to extend some store leases when they expire at the end of July. The decision comes as Gap revealed last year it was considering shifting its operations to a franchise-only model in Europe. Gap’s remaining 50 standalone stores in the UK are still under review, Drapers first reported. The location
Spanish retail group Inditex, which also owns the Bershka and Pull & Bear brands, said latest sales were 5% higher than in 2019.