H&m Hennes & Mauritz Ab Class B · OMXSTO:HM_B
H&m Hennes & Mauritz Ab Class B — Q3 2026 Earnings Presentation
14 slides from H&m Hennes & Mauritz Ab Class B's earnings presentation, Sep 24, 2026
Slide 1: H&M Group Nine-Month Report 2026
Front page Add image from summer capmaign – hero image if possible, summary feeling – swimwear ok Add text as usual – check the Q2 report for 2025 on hmgroup.com for exact wording exept for the year Text: H&M GROUP NINE-MONTH REPORT 2026 Webcast and telephone conference Change picture – hero image
Slide 2: Speakers: Daniel Ervér, Adam Karlsson, Joseph Ahlberg
Intro of speakers slide Check names and titles from the Q1 ppt deck Layout and fashion image as you see fit Text as is, change picture Daniel Ervér Chief Executive Officer Adam Karlsson Chief Financial Officer Joseph Ahlberg Head of Investor Relations
Slide 3: The quarter in brief
The quarter in brief → Our long-term efforts have created a stronger and more profitable business → 10.6%* operating margin (8.6) in Q3 → 9.0% operating margin over last 12 months (7.2) → 1% increase in sales in local currencies in Q3 → 1% increase in sales estimated in September * Including a posit
Slide 4: Elevating our customer offering
Elevating our customer offering → A firm focus on our strategic priorities – product, experience and brand → Improving relevance and precision across the value chain → A faster, more flexible and customer-focused operation
Slide 5: Fashion and quality at the best price
Fashion and quality at the best price → Increased speed and responsiveness longer-term, with growing share of in-season buying → Enhanced quality and even more value for money → Decisions closer to customers, supported by data-driven insights
Slide 6: Relevant in every touchpoint
Relevant in every touchpoint Creating a more seamless experience through: → A more productive store portfolio → Store tech upgrades → Stronger online personalisation and integration
Slide 7: Strengthening our brands through creativity, collaboration and innovation
Strengthening our brands through creativity, collaboration and innovation → Making great fashion more accessible, with in-house design and strategic collaborations → Building stronger customer connections across audiences
Slide 8: A return to growth in the quarter
A return to growth in the quarter → Sales increased by 1% in local currencies, with year-on-year growth in five out of six regions SEK m 180,000 –4% 169,064 161,624 120,000 2025 2026 0% 60,000 57,017 57,189 0 Q3 NINE MONTHS
Slide 9: Disciplined cost control and solid profit development
Disciplined cost control and solid profit development Gross profit SG&A SEK m SEK m 52.5% 53.9% 88,737 87,050 80,000 80,000 –4% 76,594 73,590 2025 40,000 40,000 2026 52.9% 54.0% –1% 30,143 30,867 25,167 24,832 0 0 Q3 NINE MONTHS Q3 NINE MONTHS
Slide 10: A stronger and more resilient H&M group
A stronger and more resilient H&M group → EBIT reached 9% with a gross margin of 54.4% over rolling 12 months → EPS rolling 12 months grew by 23% vs LY, and was the main driver for the ROCE improvement of 18% SEK b ROCE, % EPS, SEK 8 20 9.0% 8.4% 8.5% 6 8.1% 15 7.7% 7.4% 7.2% 7.2% 7.0% 6.8% 6.5% 4 6
Slide 11: Financial Outlook
Financial Outlook Gross margin → External factors expected to be somewhat negative in Q4, with higher cost for transport → Markdowns are expected to be somewhat higher in Q4 than in the same period last year Selling and administrative expenses → Somewhat increased cost pressure for remainder of the
Slide 12: Business Outlook
Business Outlook → Creating even greater customer value through product, experience and brand → Increasing speed and precision across the value chain → Relevant in every touchpoint, with the latest fashion and current essentials
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Slide 14: This presentation is developed as supporting material for the third quarter results. In case
This presentation is developed as supporting material for the third quarter results. In case of any discrepancy between this presentation and the report, the Swedish original nine-month report shall prevail.