H&M reports stronger profit. H&M stock gains 1.90 percent.

Published on 10/07/2026 at 10:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit reached SEK 6.04 billion in the third quarter. H&M stock costs EUR 14.47 on October 7, 2026 after EUR 14.20, with a 10.60 percent margin.

H & M Hennes & Mauritz AB, SE0000106270, Illustration mit AI erstellt.

H&M stock (ISIN SE0000106270) was trading at EUR 14.47 at Lang & Schwarz on October 7, 2026 at 10:37 a.m. CEST, plus 1.90 percent versus the prior close of EUR 14.20. H&M reported stronger profit in its fiscal third quarter, with the September 24, 2026 report showing operating profit of SEK 6.04 billion versus SEK 4.91 billion a year earlier, according to MarketScreener.

Profit rises, sales lag

H&M's fiscal third quarter covered June 1 through August 31, 2026. Net sales reached SEK 57.19 billion, compared with SEK 57.02 billion in the same quarter a year earlier, while sales in local currencies increased 1.00 percent.

Gross profit rose to SEK 30.87 billion from SEK 30.14 billion, lifting gross margin to 54.00 percent from 52.90 percent. The margin benefited from one-time effects linked to tariffs and goods imports, a factor that limits how much of the improvement can be read as recurring.

Margins lead the recovery

The nine-month report showed operating profit of SEK 13.46 billion for the period ended August 31, 2026, up from SEK 12.03 billion a year earlier. Operating margin increased to 8.30 percent from 7.10 percent, while operating cash flow rose 17.00 percent to SEK 26.52 billion, according to MarketScreener.

The trade-off is visible in the sales line. H&M said September sales were expected to increase 1.00 percent in local currencies, matching the third-quarter pace, while The Daily Star, carrying a Reuters report dated September 25, 2026, noted that logistics disruption and higher inventory were weighing on the retail recovery through The Daily Star.

Stock stays below its yearly high

On Nasdaq Stockholm, H&M was last at SEK 162.50 on October 7, 2026 at 10:42 a.m. CEST. That price was 16.37 percent below the SEK 194.30 52-week high and above the SEK 156.35 52-week low, while market capitalization stood at SEK 259.4 billion.

For investors, the key test is whether better purchasing and cost control can translate into faster sales growth after the tariff-related margin boost. H&M stock was trading at EUR 14.47 at Lang & Schwarz on October 7, 2026 at 10:37 a.m. CEST, plus 1.90 percent versus the Lang & Schwarz prior close of EUR 14.20. The further course of trading is shown by the continuously updated real-time quote of H&M stock.