Announcement • May 08
H & M Hennes & Mauritz AB (Publ) Approves Dividend for the Year 2026, Payable on 12 May 2026 and 10 November 2026 H & M Hennes & Mauritz AB (publ) at its AGM held on May 5, 2026 approved the board's proposal that a dividend of SEK 7.10 per share be distributed to the shareholders. The dividend will be paid in two instalments during the year, one in May and one in November. The record date for the first dividend payment of SEK 3.55 per share is 7 May 2026. The dividend payment is expected to be made by Euroclear Sweden AB on 12 May 2026. The record date for the second dividend payment of SEK 3.55 per share is 5 November 2026. The dividend payment is expected to be made by Euroclear Sweden AB on 10 November 2026. Announcement • Apr 18
H&M Unveils Stella McCartney H&M Collection H&M was proud to reveal all the looks in the upcoming Stella McCartney H&M collection. The collection will launch on May 7th, twenty years after H&M's first partnership with the acclaimed designer and campaigner. The first Stella McCartney H&M partnership, which marked H&M's second ever design collaboration, launched in November 2005. The latest Stella McCartney H&M collection builds on that legacy. It reflects on the highlights of the house's 25-year history, bottling McCartney's pioneering and rule-breaking vision into a range of apparel and accessories. The collection unites past and present. Playful, iconic hits from McCartney's early archive are combined with current signatures, such as oversized shirting, sweeping trenches, sharp tailoring, and bejewelled prints and slogan tops. Other key items in the collection include rib knitted dresses and tops with McCartney's signature Falabella chain at the neck and a long white gown with a cape-like sleeve that loops into the hem, giving the look of a sweeping circle of fabric. Sparkling partywear, separates and denims, as well as mesh dresses and tops in a bold archival cherry-print are also featured. A white mini tee embellished with studs reading 'Rock Royalty', offers an extra dose of nostalgia. The accessories range is rich in bags. Six styles will launch including small, branded shoulder bags, giant totes and a timeless chocolate-toned bag with a chain-detail strap. This is one of several pieces in the collection that incorporate the Falabella chain, including necklaces and earrings, crafted in recycled metal in mixed tones, and loafers with chain detailing on the front. The collection is defined by an approach to materials that prioritize recycled content, organic cottons, wool certified to the RWS Standard and innovative usage of feedstock for coated materials, such as industrial corn and recycled vegetable oil. The Stella McCartney H&M campaign, shot by Sam Rock in London, stars Renee Rapp, Angelina Kendall and Adwoa Aboah. The mood is playful yet effortless, nostalgic yet forward-thinking. Across the campaign, &Stella becomes the tagline for the collaboration. Reinterpreted in myriad forms such as &Here &Now &Me &You, it becomes a message about connection, care, and a way of being that speaks to this moment and the past, present, and future. Announcement • Mar 27
H&M Launches S/S 2026 Womenswear Collection H&M embraced playful and bold nostalgia by blending eras and influences into a compelling and liberating collection that rethinks Spring dressing. Flashes of different eras from the 80s, 90s, and 00s add surprise and intrigue across key pieces, creating a wardrobe with an intentional sense of history and culture. The collection celebrates the way modern looks blend the past with the present and resurface in unexpected and dynamic ways. In the collection, exaggerated volume contrasts with bold silhouettes. Sharp meets fluid, daring edge meets sophistication, gritty urban meets jet set glam, and modernity meets curated heritage. A key chapter of the collection's story is conceptualized by opulent embroideries and bold crochets that bring a sense of craft and tactility to fringed tops, semi-sheet gowns and vests, and highly detailed blouses. This decadent softness is grounded by mid-wash denims and minimalist leatherwork such as cropped jackets with graphic lines, anoraks, and Bermuda shorts. Sharp suiting in linen blends brings sophisticated, modern elegance. Hero items include scarf-detail tops, skirts layering over trousers, sculptural asymmetric bandeau tops, and jackets with eye-catching curved fronts decorated with buttons. Modern takes on athleisure come with a note of technique and texture. The collection's jewellery is sculptural – including shell motifs on necklaces and earrings, oversized bangles of metal and wood, and numerous statement pendants. Accessories include a mini handbag fully decorated with shells, and a metal shell-shaped bag with a tassel detail. Shoes include strappy and thong sandals: flat, or with sculptural curved wedge heels. Across the collection, the palette fades from sandy beige to cool white and classic black, with accents of red, offering a vision that combines breezy, sun-kissed charm with sensual, high glamour. The S/S 2026 collection will launch in H&M stores and online beginning March 26, 2026. Announcement • Jan 30
H & M Hennes & Mauritz AB (publ), Annual General Meeting, May 05, 2026 H & M Hennes & Mauritz AB (publ), Annual General Meeting, May 05, 2026, at 15:00 W. Europe Standard Time. Location: erling persson hall, aula medica, karolinska institutet in solna, Sweden Announcement • Nov 29
H & M Hennes & Mauritz AB (publ) to Report Fiscal Year 2026 Results on Jan 28, 2027 H & M Hennes & Mauritz AB (publ) announced that they will report fiscal year 2026 results on Jan 28, 2027 Announcement • Oct 03
H&M Atelier Presents the Auto-Winter 2025 Collection H&M announced that for H&M's new Atelier Autumn-Winter 2025 collection, the Atelier design studio presents a modern winter wardrobe of elevated essentials with an unexpected edge, as tailored shapes and finishes, balance workwear pieces and utilitarian accents. Leaning into these contrasts and relaxed, layered silhouettes, the A/W Atelier collection takes shape. Luxuriously tactile fabrics and an autumnal color palette -- warm beiges, browns, and cognac neutrals, give way to deep emerald greens -- ushering in a welcomed change of season. The art of layering remains central - velvet overshirts, denim, and fine wools add color and texture to essential cotton and jerseys shapes. Fabrics that invite touch -- from those woven in Italian mills to supplevet, dense cotton, washed canvas, and wool knitwear. The H&M Atelier Autumn-Winter 25 collection will be available in select H&M stores worldwide and online from October 2nd, 2025. Announcement • Jul 17
H&M and Mia Regan Co-Design the Perfect Wardrobe for Summer Vacations H&M embarked on a creative journey with Mia Regan to co-design a wardrobe for vacations and fun times this summer. The British model and content creator approaches fashion, beauty, music and nature in a unique way, and brought everything from her own hand-drawn illustrations and iconic style to design the capsule collection. The H&M x Mia Regan co-creation will be available at hm.com beginning July 17th. As a longtime friend and collaborator, Mia's collection with H&M came naturally. She was involved in every step of the design process. From first concepts to final fittings, Mia shared mood boards, silhouette ideas, design details and color palettes along the way. With illustrations based on her trips around the world, these personal touches not only highlight Mia's creativity, but also make the collaboration feel more special. The collection includes a range of slip dresses, knit separates, cargo trousers, capris, shorts, skirts, apparel and tops. Accessories include slouchy bags, a rope belt and printed scarves in a color palette of funny yellow, earthy tones and silver. There are asymmetric shapes and utilitarian references with playful details that reflect Mia's favorite wardrobe pieces. Key pieces include a yellow bias-cut slip dress with a crisscross back, a silver lurex knitted set, a pair of capris with asymmetric cargo pockets and utilitarian details, and a taupe sleeves maxi- dress with tie-up sides and an illustrated star on the front. Announcement • Jun 26
H & M Hennes & Mauritz AB (publ) to Report Q1, 2026 Results on Mar 26, 2026 H & M Hennes & Mauritz AB (publ) announced that they will report Q1, 2026 results on Mar 26, 2026 Announcement • May 08
H&M Studio Announces Resort Capsule Collection 2025 H&M Studio brings together harmonious contrasts and an emphasis on craftsmanship for the Resort 2025 Capsule collection. Airy summer dresses, kaftans and knits meet bold, minimalistic silhouettes in tailoring and denim separate. Each piece is designed for a magical summer getaway and beyond. The H&M Studio Resort Capsule will be available in select stores and <URL> beginning May 8th, 2025. The color palette ranges from terracotta and sandy beiges to black, crisp white, and vibrant blues. Materials include linen, cotton and chiffon that move with ease. Key pieces include a crop beige cotton jacket with a statement neckline, embellishment and a heavily embroidered pattern, designed to be paired with curved leg jeans with studs along the side seams. The collection also features full-length kaftans with custom patchwork prints inspired by Moroccan motifs. Accessories in the capsule include a terracotta bikini with asymmetrical top, golden flat mules with not-detailing, rope high heel sandals, and a suede bag with whipstitch detailing, alongside sunglasses, and jewelry. The H&M studio Resort Capsule collection will be available to shop on May 8th. Announcement • Mar 31
H & M Hennes & Mauritz AB (publ) to Report Fiscal Year 2025 Results on Jan 29, 2026 H & M Hennes & Mauritz AB (publ) announced that they will report fiscal year 2025 results on Jan 29, 2026 Announcement • Mar 27
H & M Hennes & Mauritz AB (Publ) Proposes Dividend H & M Hennes & Mauritz AB (publ) at its annual general meeting will be held on 7 May 2025 to resolve, among other things, on the board's proposed dividend of SEK 6.80 per share, to be paid in two instalments, and on a general authorisation allowing the board to buy back the group's own B shares in the period up to the 2026 annual general meeting. Announcement • Nov 26
Secret Sales LTD acquired Afound from H & M Hennes & Mauritz AB (publ) (OM:HM B). Secret Sales LTD acquired Afound from H & M Hennes & Mauritz AB (publ) (OM:HM B) on November 25, 2024. Afound will retain its brand identity and design aesthetic whilst leveraging Secret Sales’ technology platform.
Secret Sales LTD completed the acquisition of Afound from H & M Hennes & Mauritz AB (publ) (OM:HM B) on November 25, 2024. Announcement • Oct 03
H&M Introduces an Elevated New Menswear Collection, Atelier H&M introduced an elevated new menswear collection, Atelier. A testament to the art and craftsmanship of quality menswear, Atelier proposes a modern and effortless update of familiar codes, including heritage and workwear, realized in premium fabrics. The debut Atelier collection will be available from October 3rd, 2024, in select H&M stores worldwide and online. The debut Autumn-Winter 2024 collection proposes a wardrobe ripe for individual expression, with casual and confident layering composed of timeless outerwear and relaxed tailoring. Rich and intriguing fibres, tactility and texture offer an unexpected depth and dimension. Hero outerwear is layered over core essentials, while relaxed tailored pants are dressed down further when styled with slip-on sneakers. Overall, the look is intentionally undone, evoking an effortless and intuitive way of dressing inspired by the campaign's star, the Swedish actor Bill Skarsgård. Reported Earnings • Jun 28
Second quarter 2024 earnings released: EPS: kr3.11 (vs kr2.02 in 2Q 2023) Second quarter 2024 results: EPS: kr3.11 (up from kr2.02 in 2Q 2023). Revenue: kr59.6b (up 3.5% from 2Q 2023). Net income: kr5.01b (up 52% from 2Q 2023). Profit margin: 8.4% (up from 5.7% in 2Q 2023). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Board Change • Jun 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Helena Saxon was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • May 07
Dividend of kr3.25 announced Shareholders will receive a dividend of kr3.25. Ex-date: 7th November 2024 Payment date: 13th November 2024 Dividend yield will be 19%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (112% earnings payout ratio). However, it is well covered by cash flows (44% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 25% to bring the payout ratio under control. EPS is expected to grow by 58% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Upcoming Dividend • Apr 29
Upcoming dividend of kr3.25 per share Eligible shareholders must have bought the stock before 06 May 2024. Payment date: 13 May 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.6%. Lower than top quartile of Swiss dividend payers (4.2%). In line with average of industry peers (3.5%). Reported Earnings • Mar 28
First quarter 2024 earnings released: EPS: kr0.75 (vs kr0.33 in 1Q 2023) First quarter 2024 results: EPS: kr0.75 (up from kr0.33 in 1Q 2023). Revenue: kr53.7b (down 2.2% from 1Q 2023). Net income: kr1.21b (up 124% from 1Q 2023). Profit margin: 2.3% (up from 1.0% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year. Announcement • Mar 27
H & M Hennes & Mauritz AB (publ) Proposes Dividend, Payable on 13 May 2024 and 13 November 2024 The board of H & M Hennes & Mauritz AB (publ) proposes that the 2024 annual general meeting approves a dividend to the shareholders of SEK 6.50 per share. The board proposes that the dividend is paid in two instalments during the year, one in May and one in November. The proposed record date for the first dividend payment of SEK 3.25 per share is 7 May 2024. If the resolution is passed by the annual general meeting, the first dividend payment is expected to be made by Euroclear Sweden AB on 13 May 2024. The proposed record date for the second dividend payment of SEK 3.25 per share is 8 November 2024. If the resolution is passed by the annual general meeting, the second dividend payment is expected to be made by Euroclear Sweden AB on 13 November 2024. Declared Dividend • Feb 05
Final dividend of kr3.25 announced Shareholders will receive a dividend of kr3.25. Ex-date: 6th May 2024 Payment date: 13th May 2024 Dividend yield will be 19%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (121% earnings payout ratio). However, it is well covered by cash flows (42% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 34% to bring the payout ratio under control. EPS is expected to grow by 64% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Feb 02
H & M Hennes & Mauritz AB (publ) to Report Q1, 2024 Results on Mar 27, 2024 H & M Hennes & Mauritz AB (publ) announced that they will report Q1, 2024 results on Mar 27, 2024 Reported Earnings • Feb 01
Full year 2023 earnings released: EPS: kr5.37 (vs kr2.16 in FY 2022) Full year 2023 results: EPS: kr5.37 (up from kr2.16 in FY 2022). Revenue: kr236.0b (up 5.6% from FY 2022). Net income: kr8.75b (up 145% from FY 2022). Profit margin: 3.7% (up from 1.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Feb 01
H & M Hennes & Mauritz AB (Publ) Announces CEO Changes The board of directors of H & M Hennes & Mauritz AB has appointed Daniel Ervér, responsible for the brand H&M, as new President and CEO for the H&M group. He succeeds Helena Helmersson who has decided to step down as CEO and leave the H&M group. Daniel Ervér, born in 1981, has worked within the H&M group for 18 years in various roles in different parts of the company, most recently as head of H&M. Daniel, who takes over as CEO immediately, will continue to be operationally responsible for H&M, which means that no successor to Daniel as head of H&M will be appointed. Helena Helmersson, has worked for 26 years within the H&M group, of which the last four years as CEO. Daniel Ervér is 42 years old and has worked in the H&M group for 18 years, of which the last four years as responsible for H&M. He started as a summer trainee in 2005 and then became a controller in 2006. Since then, Daniel has been responsible for merchandising at H&M in Germany and the US, country manager for H&M Sweden, purchasing manager for H&M and responsible for H&M women and men. Daniel has studied a Degree of Master of Science in Business Administration at the University of Gothenburg and an exchange with ESSEC Business School in Paris, France. Buy Or Sell Opportunity • Jan 22
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to CHF15.70. The fair value is estimated to be CHF21.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Announcement • Dec 06
Jazwares Announces Collaboration with Global Fashion Brand H&M to Launch A Vibrant Apparel and Accessories Collection Jazwares announced collaborating with global fashion brand H&M to launch a vibrant apparel and accessories collection inspired by the plush sensation. Available online on December 7 and in stores globally on December 21, this is the first collaboration between H&M and pop culture phenomenon Squishmallows, as Jazwares continues to build on the #1 plush property's status as a preeminent global lifestyle brand. Inspired by the incredible signature plush softness along with several iconic Squishmallows, the 42-piece collection for kids and tweens features an expansive line list of apparel and accessories, including slippers, pajamas, t-shirts, dresses, ear muffs, hoodies, and more. Each fashion-forward item incorporates the unique personalities of the lovable, huggable Squishmallows making the collection just as cuddle-craving as the toys themselves. Special to the H&M collection is 'Rodry', a yellow bearded dragon Squishmallows plush sporting a new look. Over the last year, Jazwares has been focused on evolving Squishmallows as a lifestyle brand with world-class partners across fashion, gaming, and many lifestyle categories, adding to its illustrious portfolio of more than 70 best-in-class licensees. Announcement • Nov 10
Rabanne H&M Is Now Available to Open Online and in Select Stores The Rabanne H&M collaboration fuses futuristic design with innovative craftsmanship, and the collection draws on the iconic 1960s creations of the house's late founder Paco Rabanne, re-energized since 2013 by creative director Julien Dossena. The Rabanne H&M collection takes revolutionary, floor-destined style to a new dimension, blending iconic chainmail and glittering sequins with easy sportswear and slick tailoring. Spanning womenswear, menswear, accessories as well as a home decor capsule with H&M Home (US only), the collection is launching in selected stores and online at hm.com. Key pieces for women include archival-inspired metallic mesh two-pieces and mirrored paillette dresses, alongside romantic rhinestone-adorned chiffon gowns and leopard-print jerseys dresses. For men, sharp silver suits and metallic mesh vests turn heads alongside luxe loungewear. In accessories, contemporary takes on Rabanne's iconic paillette and metallic mesh bags steal the spotlight, along with Western-style boots and sequined pool-slides. Meanwhile the H&M HOME capsule combines statement-making metallic furniture with architectural accessories. The collection has been crafted in long-lasting, high-quality fabrics, with premium qualities of leather andool appearing in accessories, outerwear, suiting and knitwear. In a first for both H&M and Rabanne, the house's iconic metallic mesh pieces feature both recycled and conventional metal, the result of months of development. Embellished items feature recycled PET sequins and recycled-glass rhinestones. Upcoming Dividend • Nov 02
Upcoming dividend of kr3.25 per share at 4.2% yield Eligible shareholders must have bought the stock before 09 November 2023. Payment date: 15 November 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.2%. Within top quartile of Swiss dividend payers (4.1%). Higher than average of industry peers (3.8%). Announcement • Oct 01
H & M Hennes & Mauritz AB (publ), Annual General Meeting, May 03, 2024 H & M Hennes & Mauritz AB (publ), Annual General Meeting, May 03, 2024, at 15:00 Central European Standard Time. Reported Earnings • Sep 27
Third quarter 2023 earnings released: EPS: kr2.04 (vs kr0.32 in 3Q 2022) Third quarter 2023 results: EPS: kr2.04 (up from kr0.32 in 3Q 2022). Revenue: kr60.9b (up 6.0% from 3Q 2022). Net income: kr3.33b (up kr2.80b from 3Q 2022). Profit margin: 5.5% (up from 0.9% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jul 07
Non-Independent Chairman recently bought CHF22m worth of stock On the 3rd of July, Karl-Johan Persson bought around 1m shares on-market at roughly CHF15.14 per share. This transaction amounted to 5.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth CHF27m. Karl-Johan has been a buyer over the last 12 months, purchasing a net total of CHF135m worth in shares. Reported Earnings • Jun 30
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr57.6b (up 5.7% from 2Q 2022). Net income: kr3.30b (down 11% from 2Q 2022). Profit margin: 5.7% (down from 6.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • May 25
Non-Independent Chairman recently bought CHF27m worth of stock On the 19th of May, Karl-Johan Persson bought around 2m shares on-market at roughly CHF12.43 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Karl-Johan has been a buyer over the last 12 months, purchasing a net total of CHF174m worth in shares. Upcoming Dividend • Apr 28
Upcoming dividend of kr3.25 per share at 4.3% yield Eligible shareholders must have bought the stock before 05 May 2023. Payment date: 11 May 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.3%. Within top quartile of Swiss dividend payers (4.3%). Higher than average of industry peers (3.8%). Reported Earnings • Apr 01
First quarter 2023 earnings released: EPS: kr0.33 (vs kr0.13 in 1Q 2022) First quarter 2023 results: EPS: kr0.33 (up from kr0.13 in 1Q 2022). Revenue: kr54.9b (up 12% from 1Q 2022). Net income: kr541.0m (up 149% from 1Q 2022). Profit margin: 1.0% (up from 0.4% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year. Recent Insider Transactions • Feb 20
Chairman of the Board recently bought CHF52m worth of stock On the 15th of February, Karl-Johan Persson bought around 5m shares on-market at roughly CHF11.34 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Karl-Johan has been a buyer over the last 12 months, purchasing a net total of CHF147m worth in shares. Announcement • Jan 28
H & M Hennes & Mauritz AB (Publ) Proposes Dividend for the Year 2022 The board of directors of H & M Hennes & Mauritz AB (publ) proposed an ordinary dividend of SEK 6.50 per share to the annual general meeting to be paid in two instalments. Reported Earnings • Jan 28
Full year 2022 earnings released: EPS: kr2.16 (vs kr6.65 in FY 2021) Full year 2022 results: EPS: kr2.16 (down from kr6.65 in FY 2021). Revenue: kr223.6b (up 12% from FY 2021). Net income: kr3.57b (down 68% from FY 2021). Profit margin: 1.6% (down from 5.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year. Upcoming Dividend • Nov 03
Upcoming dividend of kr3.25 per share Eligible shareholders must have bought the stock before 10 November 2022. Payment date: 16 November 2022. The company is paying out more than 100% of its profits and is paying out 76% of its cash flow. Trailing yield: 5.7%. Within top quartile of Swiss dividend payers (4.3%). Higher than average of industry peers (4.3%). Reported Earnings • Sep 30
Third quarter 2022 earnings released: EPS: kr0.32 (vs kr2.84 in 3Q 2021) Third quarter 2022 results: EPS: kr0.32 (down from kr2.84 in 3Q 2021). Revenue: kr57.5b (up 3.4% from 3Q 2021). Net income: kr531.0m (down 89% from 3Q 2021). Profit margin: 0.9% (down from 8.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Sep 30
H & M Hennes & Mauritz AB (publ), Annual General Meeting, May 04, 2023 H & M Hennes & Mauritz AB (publ), Annual General Meeting, May 04, 2023, at 15:00 Central European Standard Time. Announcement • Jul 29
H&M Reportedly to Sell Russian Business to Local or Foreign Company H & M Hennes & Mauritz AB (publ) (OM:HM B) has decided to sell its assets in Russia, the Russian Ministry of Industry and Trade said on July 28, 2022. The potential buyer could be a Russian company or an entity from a "friendly" country - one of those that have not imposed sanctions against Russia, the ministry added. Announcement • Jul 21
H & M Hennes & Mauritz AB (publ) (OM:HM B) acquired an unknown stake in Vestua. H & M Hennes & Mauritz AB (publ) (OM:HM B) acquired an unknown stake in Vestua on July 20, 2022.
H & M Hennes & Mauritz AB (publ) (OM:HM B) completed the acquisition of an unknown stake in Vestua on July 20, 2022. Announcement • Jun 29
H & M Hennes & Mauritz AB (publ) to Report Q1, 2023 Results on Mar 30, 2023 H & M Hennes & Mauritz AB (publ) announced that they will report Q1, 2023 results on Mar 30, 2023 Board Change • May 19
High number of new directors Deputy Employee Representative Margareta Welinder was the last director to join the board, commencing their role in 2022. Upcoming Dividend • Apr 28
Upcoming dividend of kr3.25 per share Eligible shareholders must have bought the stock before 05 May 2022. Payment date: 11 May 2022. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 5.2%. Within top quartile of Swiss dividend payers (3.9%). Higher than average of industry peers (4.3%). Board Change • Apr 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Deputy Employee Representative Agneta Gustafsson was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 01
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr49.2b (up 23% from 1Q 2021). Net income: kr217.0m (up kr1.29b from 1Q 2021). Profit margin: 0.4% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 6.2%, compared to a 9.6% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Mar 31
H & M Hennes & Mauritz AB (publ) Proposes Dividend, Payable on May 11, 2022 and November 16, 2022 H & M Hennes & Mauritz AB (publ) announced the board proposes that the 2022 annual general meeting resolve to distribute a dividend to the shareholders of SEK 6.50 per share. The board proposes that the dividend is paid in two instalments during the year, one in May and one in November. The proposed record date for the first dividend payment of SEK 3.25 per share is 6 May 2022. If the resolution is passed by the annual general meeting, the first dividend payment is expected to be made by Euroclear Sweden AB on 11 May 2022. The proposed record date for the second dividend payment of SEK 3.25 per share is 11 November 2022. If the resolution is passed by the annual general meeting, the second dividend payment is expected to be made by Euroclear Sweden AB on 16 November 2022. Announcement • Jan 30
H & M Hennes & Mauritz AB (Publ) Proposes Ordinary Dividend The board of directors of H & M Hennes & Mauritz AB (publ) proposed an ordinary dividend of SEK 6.50 per share to be paid in two instalments, and authorisation for a SEK 3 billion share buyback programme. Reported Earnings • Jan 30
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr6.65 (up from kr0.75 in FY 2020). Revenue: kr199.0b (up 6.4% from FY 2020). Net income: kr11.0b (up kr9.77b from FY 2020). Profit margin: 5.5% (up from 0.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 12%, compared to a 16% growth forecast for the retail industry in Switzerland. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 18% share price gain to CHF18.19, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 12x in the Specialty Retail industry in Europe. Total returns to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF19.06 per share. Upcoming Dividend • Oct 22
Upcoming dividend of kr6.50 per share Eligible shareholders must have bought the stock before 29 October 2021. Payment date: 04 November 2021. Trailing yield: 3.8%. Within top quartile of Swiss dividend payers (3.6%). Higher than average of industry peers (2.5%). Reported Earnings • Oct 01
Third quarter 2021 earnings released: EPS kr2.84 (vs kr1.10 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr55.6b (up 9.3% from 3Q 2020). Net income: kr4.69b (up 158% from 3Q 2020). Profit margin: 8.4% (up from 3.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Jun 15
H & M Hennes & Mauritz AB (publ) Provides Update on 1,300 Stores Closed Temporarily H & M Hennes & Mauritz AB (publ) announced that sales development was continuously affected by the ongoing pandemic. At the start of the second quarter around 1,300 stores were temporarily closed. The open stores have had restrictions on, for example, opening hours, number of customers and store space. In some of the group's markets such as France and Germany the stores were closed continuously almost throughout the quarter as a consequence of the extended restrictions. At the end of the quarter most of the H&M group's markets still had restrictions resulting in reduced footfall and around 140 of the stores globally remained temporarily closed. Most markets in the H&M group are still subject to restrictions and on 13 June around 180 stores were temporarily closed; all 50 stores in Malaysia, for example, had to close at the beginning of the month. Announcement • May 14
H&M Launches First Rental Service in the US Research shows that it takes only one second for potential employers to get their first impression of a candidate. The ONE/SECOND/SUIT helps candidates dress with style and look as good on the outside as they feel on the inside. By renting and not buying a suit, interviewing in the ONE/SECOND/SUIT is a sustainable alternative and conscious decision, too. The ONE/SECOND/SUIT initiative launched in the UK on April 15th and in U.S. on May 13th and will run for a test period of 3 months. ONE/SECOND/SUIT launches with a stirring and evocative film by critically acclaimed director Mark Romanek. The film captures the nerves and self-doubt all face on the day of a big interview. An emotional call from Mom gives the cast an affirming pep talk and reinforces the confidence of the candidates to seize this opportunity. Romanek is best known for his psychological feature film One Hour Photo, starring Robin Williams, and his adaptation of Kazuo Ishiguro's acclaimed novel, Never Let Me Go. His iconic music videos have earned him over twenty MTV Video Music Awards and three Grammy awards - more than any other director. Announcement • May 12
H & M Hennes & Mauritz AB (Publ) Introduces Blank Staples' Wholesale H & M Hennes & Mauritz AB (publ) introduce Blank Staples' Wholesale, a new format to purchase the men's streetwear line of essentials and premium quality basics in bulk for select styles. Blank Staples is H&M's core range of premium quality basics launched by the brand in September of 2020. The core collection from H&M elevates the basics with subtle but highly considered design aesthetics, each piece finished with its own blank label. The new purchasing format, Blank Staples' Wholesale, will allow artists, designers, businesses and entrepreneurs the ability to purchase Blank Staples garments in bulk as a base canvas for use in their own businesses, collections and projects. The wholesale purchase option is available now on hm.com. Announcement • Mar 05
H&M Collaborates with Héctor Bellerín on Men's Collection That Pushes Sustainability and Style H & M Hennes & Mauritz AB (publ) announced Edition by Héctor Bellerín, a collection made in close collaboration with one of the world's most inspiring footballers. Bellerín is as famous for his style as he is for his commitment to the environment, and Edition by Héctor Bellerín is therefore made entirely from sustainably sourced materials. Bellerín has been involved in every stage of the design process, from the choice of sustainable fabrics to the directional take on spring style. It's the latest Edition collection for men at H&M, the concept which encapsulates each season's key looks. Edition by Héctor Bellerín will be available on hm.com and in selected stores from March 4th, 2021. Edition by Héctor Bellerín is a collection that has sustainability and style at its core. The collection is made entirely from more sustainable materials, in line with both Bellerín's environmental values and H&M's own transparent commitment to change. In the collection, cotton is organic, or recycled from textile production waste. Nylons and polyesters are recycled, while viscose fibers are from sustainable sources. Where possible, Bellerín was eager for pieces to be made from single materials to make them easier to recycle. Announcement • Jan 31
H & M Hennes & Mauritz AB (publ) Plans to Close 350 Stores in the Year 2021 H & M Hennes & Mauritz AB (publ) announced for 2021 the plan is that 350 stores will close. Reported Earnings • Jan 30
Full year 2020 earnings released: EPS kr0.75 (vs kr8.12 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr187.0b (down 20% from FY 2019). Net income: kr1.24b (down 91% from FY 2019). Profit margin: 0.7% (down from 5.8% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue beats expectations Revenue exceeded analyst estimates by 0.003%. Over the next year, revenue is forecast to grow 14%, compared to a 7.7% growth forecast for the Specialty Retail industry in Switzerland. Announcement • Jan 30
H & M Hennes & Mauritz AB (publ) to Report Nine Months, 2021 Results on Sep 30, 2021 H & M Hennes & Mauritz AB (publ) announced that they will report nine months, 2021 results on Sep 30, 2021 Announcement • Jan 29
H & M Hennes & Mauritz AB (publ) to Report Fiscal Year 2021 Results on Jan 28, 2022 H & M Hennes & Mauritz AB (publ) announced that they will report fiscal year 2021 results on Jan 28, 2022 Announcement • Jan 15
H&M Announces Collaboration with Irish Designer Simone Rocha H&M announced a new collaboration with the London-based fashion designer Simone Rocha. The Simone Rocha x H&M collection will include Rocha's signature womenswear, alongside menswear and childrenswear. This marks the first time that Rocha has offered a wardrobe for the entire family. Each category includes a full wardrobe; special occasionwear, including tulle dresses and tailored separates; knitwear; shirting; outerwear such as trenches, casual t-shirts' and accessories, including Rocha's signature sparkling jewelry and pearl-embellished footwear. Rocha is the first Irish designer to undertake a collaboration with H&M. This collection, like all of her work, celebrates her personal multicultural heritage and the myriad inspirations which have defined the growth of her label, from the traditions and crafts of Hong Kong through to the greats of art history. The Simone Rocha x H&M collection considers the many silhouettes, fabrications, embellishments shapes and influences that have defined the Simone Rocha world, offering new twists on signatures and paying homage to key collections that have defined the Simone Rocha brand story. The company see glimmers of Tudor courtiers, wild florals, portraits and photographs, dolls and trinkets. There is tartan, beading, florals, pinks, reds, and bespoke fabrications, developed in house, exclusively for this collaboration. In forming this collection, Rocha spent time reflecting on her brand's archives, combing her past collections and carefully reworking favorites into dynamic new styles that feel right for today. The collection, which will be launched on March 11, 2021, also celebrates a decade of the Simone Rocha label – a great achievement for an independent London-based brand. Rocha's label is acclaimed for the strength of its vision – and a consistency that runs throughout each new garment, allowing wearers of the brand to mix and match pieces across seasons. This collection is informed with a similar desire to create hard-working pieces to be loved, cherished, and worn again and again. It is an invitation into the Simone Rocha world, and extended to all. Is New 90 Day High Low • Jan 15
New 90-day low: CHF15.40 The company is down 1.0% from its price of CHF15.60 on 16 October 2020. The Swiss market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF13.30 per share. Announcement • Oct 07
H&M Extends Nuance Virtual Assistant and Live Chat to Google's Business Messages Nuance Communications, Inc. and H&M announced consumers can now engage with H&M virtual assistant and live chat agents directly from services like Google Maps or Google Search. The new integration of Nuance's virtual assistant and live chat deployment is the first of-its-kind and allows H&M to leverage prior investments in AI-powered Intelligent Engagement to give customers more choice and flexibility when shopping online. H&M implemented the Nuance Intelligent Engagement Platform for virtual and live chat in 2018 to manage increasing contact volumes, improve customer experience, and automate self-service options 24 hours a day across 13 major online countries including the U.S., U.K., Sweden, and Germany. The solution assists H&M customers through their shopping experience and provides real-time answers to inquiries such as item availability, online order tracking status, and store locations and hours. Nuance's latest integration with Google's Business Messages allows H&M to take advantage of new messaging channels while leveraging the same AI-engine core to its successful virtual assistant and live chat deployment – to enable more seamless cross-channel customer experiences, reducing contact center call volumes, and increasing digital interactions. Online shoppers can engage with H&M through Google's Business Messages initially in the U.S. market. The Nuance Intelligent Engagement platform combines the best of virtual assistants and human–assisted customer service engagements into one platform that can be extended to any voice or digital channel. By leveraging Nuance's Conversational AI engine at the platform's core, organizations ensure investments and data gathered are best utilized to give consumers choice in how they engage while providing a unified, cohesive experience across channels. Announcement • Oct 01
H & M Hennes & Mauritz AB (publ) Plans to Close 350 Stores for 2021 H & M Hennes & Mauritz AB (publ) announced that for 2021 the plan is for 350 stores to close and just over 100 new stores to open, resulting in a net decrease of around 250 and just over 100 new stores to open, resulting in a net decrease of around 250 stores. Announcement • Jul 08
H&M Announces Plans to Shut 170 of its Stores Across Europe H&M announced that it plans to shut 170 of its stores across Europe after accelerating closure plans in the face of coronavirus. The company said that sales dived by a quarter in June as it was still weighed down by the impact of the pandemic and lockdowns in key regions. The retailer reopened hundreds of its UK stores last month after the Government gave non-essential retailers the green light to welcome customers again. However, the company has not confirmed how many of these closures could affect its 300 UK stores.