)
Company Research22 May 2024
Shein's Upcoming IPO: An Overview
A closer look at Sheins upcoming IPO based on the information that is available so far.
Hennes & Mauritz (HM) investor relations material
Hennes & Mauritz Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary25 Sep, 2025
Executive summary
Sales grew by 2% in local currencies in Q3 2025, despite a 4% reduction in store count year-over-year.
Operating profit increased 40% in Q3 to SEK 4,914m, with an operating margin of 8.6%, up from 5.9% last year.
Net sales in SEK were negatively impacted by currency effects, down 3% in Q3.
Strong customer response to new store openings, notably in Brazil and Paris, and continued digital channel growth.
Sustainability leadership recognized, ranking first in public disclosure on decarbonization and transparency among 200 major fashion brands.
Financial highlights
Q3 net sales: SEK 57,017m (down from SEK 59,011m); Q3 gross profit: SEK 30,143m (margin 52.9%).
Inventory decreased by 9% year-over-year, reflecting improved demand planning and successful summer sales.
OpEx down 1% in local currency, driven by efficiency improvements in store operations and logistics.
Digital business contributed strongly to profit growth, supported by a revamped online experience and lower return rates.
Cash flow from operating activities: SEK 9,985m in Q3.
Outlook and guidance
September sales expected to be flat year-over-year, with high comparatives from last year.
Q4 external factors (currency, freight, raw materials) expected to be slightly positive but less so than Q3; tariffs to be a headwind.
Markdowns as a percentage of sales in Q4 expected to be higher due to Black Friday timing.
Store portfolio optimization ongoing, with further details on 2026 to be provided in the Q4 report.
What is the 2025 store portfolio optimization plan?
What are H&M's Latin America expansion plans?
What drove the Q3 gross margin improvement?
Sustainability of gross margin drivers?
Net store count trend for 2026?
Inventory markdown strategy for Q4?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Hennes & Mauritz earnings date
Q4 202529 Jan, 2026
Next Hennes & Mauritz earnings date
Q4 202529 Jan, 2026
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Hennes & Mauritz AB (H&M) is a global retail company specializing in fashion and home products. The company offers a wide range of clothing, footwear, accessories, and cosmetics for men, women, and children. H&M also provides home décor items, including textiles and accessories, through its H&M Home brand. Operating globally, it serves customers through a combination of physical stores and e-commerce platforms. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Stockholm Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage