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Published 13:24 IST, September 26th 2024
H&M abandons 2024 margin target as markdowns and costs hurt profit
H&M's operating margin for the first three quarters was 7.4%, with a third-quarter margin of 5.9%. The last year H&M produced a double-digit operating margin was 2017.
H&M abandons 2024 earnings margin target | Image:
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13:24 IST, September 26th 2024