BUSINESS / INVESTMENT
H&M's Profit Margin Rises to 10.6%: What Strength Remains After the One-Off Effects?
H&M's operating profit margin for the third quarter of fiscal 2026 included a one-off effect of about 1.6 percentage points. We analyze the conditions for repeatable profitability by reading sales currencies and inventory locations separately.

H&M's operating profit margin for the third quarter of fiscal 2026 included a one-off effect of about 1.6 percentage points. We analyze the conditions for repeatable profitability by reading sales currencies and inventory locations separately.
The performance of Swedish fashion company H&M for the third quarter of fiscal 2026 shows that profits can improve even when sales do not increase significantly.…
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