Fast-fashion retailer H&M group closed 135 stores, but its profits and stock are soaring. Here's why

SUBSCRIBE | FastCo Works LOGIN advertisement BY Sarah Fielding Listen to this ArticleMore info 0:00 / 0:00 As of August 31, the H&M group had 4,118 stores, compared to 4,298 at the same point last year. Stock price rises despite tariff warning Despite the concerning forecast, investors responded positively to H&M group's current earnings. Trading on the Stockholm Stock Exchange, the company's share price (STO:HM-B) jumped 10% through after- hours and into premarket trading Thursday morning. Subscribe to t ...