H&M: We believe Q3 has been tough

We believe H&M’s demand has remained sluggish in Q3, while the company faces several headwinds on the gross margin. H2 is set out to be softer than we previously expected, and we lower our estimates for 2024-2025. Analyst Rauli Juva summarizes.

Content:
00:00 Start
00:07 Weak demand in June, challenging market
00:51 We have lowered our estimates
01:41 Growth going forward

Read the latest research: We believe Q3 has been tough, published 2024-08-29 

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