H&M Q4 Profit Declines, Online Sales Climb; To Close 350 Stores In FY21

(RTTNews) – Swedish retailer Hennes & Mauritz AB or H&M Group (HNNMY.PK, HMRZF.PK, HEN.L) reported Friday that its fourth-quarter profit after tax fell to 2.49 billion Swedish kronor from 4.21 billion kronor. Earnings per share were 1.50 kronor, lower than 2.54 kronor a yRead MoreMarketsMarkets Feed