share_log

Fashion Retailer H&M Proposes Cost Cut To Tide Over Economic Pressure

Fashion Retailer H&M Proposes Cost Cut To Tide Over Economic Pressure

時裝零售商H&M建議削減成本以應對經濟壓力
Benzinga Real-time News ·  2022/09/29 08:07
  • Fashion retailer Hennes & Mauritz AB (OTC:HNNMY) has unveiled a SEK2 billion (~$178 million) cost savings plan to further streamline the business.
  • The company expects the savings from the program to become visible in the second half of 2023.
  • H&M's Q3 net sales increased by 3%. In local currencies, net sales decreased by 4%.
  • The company's reported operating profit plunged to SEK 902 million from SEK 6.27 billion last year, corresponding to an operating margin of 1.6% versus 11.3% a year ago.
  • H&M said its one-off cost for business exit from Russia was SEK2.1 billion.
  • Helena Helmersson, CEO, said, "The third quarter has largely been impacted by our decision to pause sales and then wind down the business in Russia."
  • "In common with the rest of the industry, sales were weak in many of our major markets at the start of the period. Sales then gradually improved, despite of a heatwave in several European countries and some remaining delays in the supply of goods."
  • Price Action: HNNMY shares closed at $1.87 on Wednesday.
  • 時尚零售商Hennes&Mauritz AB(場外交易：HNNMY) 公佈了一項20億瑞典克朗(約合1.78億美元)的成本節約計劃，以進一步精簡業務。
  • 該公司預計，該計劃節省的資金將在2023年下半年顯現出來。
  • H&M第三季度淨銷售額增長3%。以當地貨幣計算，淨銷售額下降了4%。
  • 該公司公佈的營業利潤從去年的62.7億瑞典克朗暴跌至9.02億瑞典克朗，營業利潤率為1.6%，而去年同期為11.3%。
  • H&M表示，其從俄羅斯退出業務的一次性成本為21億瑞典克朗。
  • 首席執行官海倫娜·海默森表示： "第三季度很大程度上受到了我們決定暫停銷售，然後關閉在俄羅斯的業務的影響。
  • 與業內其他公司一樣，我們許多主要市場的銷售在這一時期開始時疲軟。隨後銷售逐漸改善，儘管幾個歐洲國家出現熱浪，商品供應仍有一些延遲。
  • 價格行動：HNNMY股價週三收於1.87美元。
声明：本內容僅用作提供資訊及教育之目的，不構成對任何特定投資或投資策略的推薦或認可。 更多信息
    搶先評論