Hennes & Mauritz (H&M) Aktie News

As the fast fashion race heats up, H&M has more than just Shein to worry about. With contenders like Zara vying for the spotlight and snatching up market share, H&M is now forced to reevaluate its strategy.

Fashion retailer H&M is reportedly making strategic moves to attract more aspirational shoppers and differentiate itself from fast-fashion giant Shein.

H & M Hennes & Mauritz AB (publ) (OTCPK:HNNMY) Q3 2023 Earnings Conference Call September 27, 2023 3:00 AM ET Company Participants Joseph Ahlberg - Head of Investor Relations Helena Helmersson - Chief Executive Officer Adam Karlsson - Chief Financial Officer Conference Call Participants Fredrik Ivarsson - ABG Sundal Collier Daniel Schmidt - Danske Bank Warwick Okines - BNP Paribas Sreedhar Maha...

H&M Group (STO: HM-B) jumped about 20% on Thursday after reporting a boost to profit in its second financial quarter. Why else is H&M stock up today?

H & M Hennes & Mauritz AB (publ) (OTCPK:HNNMY) Q2 2023 Earnings Conference Call June 29, 2023 8:00 AM ET Company Participants Nils Vinge - Head, IR Helena Helmersson - CEO Adam Karlsson - CFO Conference Call Participants Fredrik Ivarsson - ABG Sundal Collier William Woods - Bernstein Adam Cochrane - Deutsche Bank Warwick Okines - BNP Paribas Richard Chamberlain - RBC Sreedhar Mahamkali - UBS Ni...

ESG stocks have become very popular over the past few years. This comes as investors are increasingly concerned about the environmental, social, and governance aspects of the companies they put their money behind.

H&M Hennes & Mauritz AB (ETR: HMSB) was seen trading about 20% up on Thursday after reporting strong results for its first financial quarter. H&M stock up on future outlook The retail stock is being rewarded because its top boss sounded positive on the future as well.

H&M shares rose 4% to 129.96 kroner as Bank of America double-upgraded the retailer to buy from underperform and lifted its price target to 165 kroner from 90 kroner. “After falling 80% in 10 years, we believe earnings are not only bottoming, but are about to rebound faster and stronger than expected by the market,” the analysts said.