H&M Investors Confident of Sales Delivery, But 4Q Could Be Weaker -- Market Talk

Dow Jones11-21

0859 GMT - H&M is starting to deliver a more sustainable investment proposition as investor confidence in sales delivery is compounded by positive gross margin and operating expenditure drivers, Deutsche Bank analyst Adam Cochrane writes. Shares have gained more than 17% year-to-date despite a near-15% cut to consensus EPS forecasts over the period, he adds. However, the bank says recent data, combined with weather patterns and peer commentary, suggests that October and even November may not be as strong as hoped, pointing to sequentially weaker fourth-quarter sales. Deutsche Bank lowers its target price on the stock to 155 Swedish kronor from 160 kronor and retains hold rating. Shares trade flat at 171.45 kronor. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

November 21, 2025 04:00 ET (09:00 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2585811558?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-21 17:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2585811558","market":"us","top_or_hot":-1,"title":"H&M Investors Confident of Sales Delivery, But 4Q Could Be Weaker -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0859 GMT - H&amp;M is starting to deliver a more sustainable investment proposition as investor confidence in sales delivery is compounded by positive gross margin and operating expenditure drivers, Deutsche Bank analyst Adam Cochrane writes. Shares have gained more than 17% year-to-date despite a near-15% cut to consensus EPS forecasts over the period, he adds. However, the bank says recent data, combined with weather patterns and peer commentary, suggests that October and even November may not be as strong as hoped, pointing to sequentially weaker fourth-quarter sales. Deutsche Bank lowers its target price on the stock to 155 Swedish kronor from 160 kronor and retains hold rating. Shares trade flat at 171.45 kronor. (dominic.chopping@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 21, 2025 04:00 ET (09:00 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>H&M Investors Confident of Sales Delivery, But 4Q Could Be Weaker -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nH&M Investors Confident of Sales Delivery, But 4Q Could Be Weaker -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-11-21 17:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0859 GMT - H&amp;M is starting to deliver a more sustainable investment proposition as investor confidence in sales delivery is compounded by positive gross margin and operating expenditure drivers, Deutsche Bank analyst Adam Cochrane writes. Shares have gained more than 17% year-to-date despite a near-15% cut to consensus EPS forecasts over the period, he adds. However, the bank says recent data, combined with weather patterns and peer commentary, suggests that October and even November may not be as strong as hoped, pointing to sequentially weaker fourth-quarter sales. Deutsche Bank lowers its target price on the stock to 155 Swedish kronor from 160 kronor and retains hold rating. Shares trade flat at 171.45 kronor. (dominic.chopping@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 21, 2025 04:00 ET (09:00 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ISBC","symbol_name":"投资者银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2585811558","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2585811558","pubTimestamp":1763715600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0859 GMT - H&M is starting to deliver a more sustainable investment proposition as investor confidence in sales delivery is compounded by positive gross margin and operating expenditure drivers, Deutsche Bank analyst Adam Cochrane writes. Shares have gained more than 17% year-to-date despite a near-15% cut to consensus EPS forecasts over the period, he adds. However, the bank says recent data, combined with weather patterns and peer commentary, suggests that October and even November may not be as strong as hoped, pointing to sequentially weaker fourth-quarter sales. Deutsche Bank lowers its target price on the stock to 155 Swedish kronor from 160 kronor and retains hold rating. Shares trade flat at 171.45 kronor. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"ISBC":"投资者银行","HMRZF":"Hennes & Mauritz AB"},"translate_title":"H&M投资者对销售交付充满信心，但第四季度可能会疲软——市场传言","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ISBC":1.5,"HMRZF":1.5},"content_text":"0859 GMT - H&M is starting to deliver a more sustainable investment proposition as investor confidence in sales delivery is compounded by positive gross margin and operating expenditure drivers, Deutsche Bank analyst Adam Cochrane writes. Shares have gained more than 17% year-to-date despite a near-15% cut to consensus EPS forecasts over the period, he adds. However, the bank says recent data, combined with weather patterns and peer commentary, suggests that October and even November may not be as strong as hoped, pointing to sequentially weaker fourth-quarter sales. Deutsche Bank lowers its target price on the stock to 155 Swedish kronor from 160 kronor and retains hold rating. Shares trade flat at 171.45 kronor. (dominic.chopping@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 21, 2025 04:00 ET (09:00 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2585811558","isCrawlerRequest":true}