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- Sep 24, 202690% CONFIDENCEfrom the source
H&M Q3 Operating Profit Rises 23% on Tariff Refunds
- Nine-month net sales were SEK 161,624 m, roughly in line with the prior year in local currencies[1]
- Third-quarter net sales rose 1% in local currencies to SEK 57,189 m; operating profit rose to SEK 6,037 m, a 10.6% margin, aided by a one-time tariff and goods-import benefit of about 1.6 percentage points[1]
- Nine-month operating profit increased to SEK 13,462 m, an 8.3% margin, up from 7.1% a year earlier[1]
- CEO Daniel Ervér said cost control and purchasing efficiency drove the improvement, while flagging continued disruption in Europe's logistics network[1]
References 283% CONFIDENCE
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- [1]90%hmgroup.com/news/h-m-hennes-mauritz-ab-nine-month-report-2026hmgroup.com· Posted Sep 25, 2026· Starts Sep 24, 2026 ✓· 50% of score
H&M's own release states the nine-month report, covering 1 December 2025 - 31 August 2026, "will be published at 08:00 CEST on 24 September 2026" (06:00 UTC), and is dated "24 September, 2026."
- [2]76%H&M Q3 profit rises 23% as tariff-related effects lift marginsjust-style.com· Published Sep 24, 2026· 50% of score
Confirms the 23% rise in third-quarter operating profit and that the gross margin was lifted by roughly 1.6 percentage points from one-time tariff and goods-import effects.[1]
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