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H&M's share price drops 5% after missing sales targets, but CEO stays optimistic for future growth.
H&M reported lower-than-expected fourth-quarter sales, leading to a 5% drop in its share price.
Despite missing sales forecasts, the company's full-year operating profit slightly exceeded expectations.
CEO Daniel Ervér remains optimistic about future growth, citing decreasing inflation and interest rates.
H&M aims for at least 10% annual sales growth and a significant reduction in greenhouse gas emissions by 2030.
3 months ago
3 Articles