H&M's 2nd-Quarter Profit Climbs 52%, But Shares Fall Over 13% On Sluggish Sales Forecast

This post was originally published on Forbes Middle East

Swedish fashion retailer H&M posted a 52% jump in its net profit to $472 million (SEK 5 billion) in the second quarter, but its shares plunged by over 13% on a sluggish sales forecast for this month.

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