H&M Group Profits Climb in Q4, as Sales Growth Holds Steady

Updated 5:20 p.m. ET Jan. 29 LONDON — H&M Group might have had a modestly successful fiscal 2025, but the feel-good factor has already faded, with the new year starting on a low with lackluster demand in Europe and tariffs in the U.S. More from WWD H&M said sales in the fiscal first quarter ending Saturday are expected to decrease by 2 percent in local currencies. That continues a slump that started when strong sales during the Black Friday rush led to “subdued demand in a number of markets” in December ...