Hennes & Mauritz AB Class B
HM B: XSTO (SWE)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
SEK 493.00 | Sybj | Hgfwphl |
H&M Earnings: Tepid Sales but Solid Margin Improvement; Shares Fairly Valued
We are maintaining our fair value estimate for no-moat H&M as the company reported solid improvement in profitability in the second quarter and first half of the year, even as sales remained subdued.