Strong summer sales makes H&M’s profit jump 25%

Strong summer sales makes H&M’s profit jump 25%

H&M posted its first rise in quarterly pretax profit in more than two years on Thursday. This comes as the company has been spending heavily on reviving its business after years of falling profits and growing inventories. Pretax profit for the June to August quarter beat expectations, rising to $507 million.

Clara
Clara
Top in Business
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