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Continue readingH & M Hennes & Mauritz AB Nine-month report 2025
Third quarter (1 June 2025 — 31 August 2025)
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Sales in local currencies increased by 2 percent in the third quarter, with 4 percent fewer stores at the end of the quarter compared with the same point in time last year. Converted into SEK, net sales amounted to SEK 57,017 m (59,011). Net sales in SEK were negatively affected by a currency translation effect of around 5 percentage points due to the strengthened Swedish krona.
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Gross profit amounted to SEK 30,143 m (30,133), which corresponds to a gross margin of 52.9 percent (51.1).
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Selling and administrative expenses
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