H&M stock slumps as strong dollar, soaring costs hit margins (OTCMKTS:HNNMY)

Retailer H&M Struggles With Falling Profits

Sean Gallup/Getty Images News

H&M (OTCPK:HNNMY) was hit by a strong dollar and rising costs, squeezing profits for the fourth quarter, according to its annual earnings report.

The report released on Friday reflected a significant contraction in quarterly profits

Source link

5 Trading strategies to make money

Looking to boost your trading profits?

Get you copy of our FREE Ebook Now !!!