H & M Hennes & Mauritz AB Six-month report 2026
Second quarter (1 March 2026— 31 May 2026)
· Net sales amounted to SEK 54,828 m (56,714) in the second quarter. Sales in local currencies were fairly in line with last year, with around 3 percent fewer stores at the end of the quarter compared with the same point in time last year.
· Gross profit amounted to SEK 31,045 m (31,425), which corresponds to a gross margin of 56.6 percent (55.4).
· Selling and administrative expenses decreased by 1 percent to SEK 25,133 m (25,489). In local currencies the increase was 1 percent. Selling and administrative expenses were charged with
