H&m Hennes & Mauritz Ab Class B · OMXSTO:HM_B

H&m Hennes & Mauritz Ab Class B — Q1 2026 Earnings Presentation

12 slides from H&m Hennes & Mauritz Ab Class B's earnings presentation, Mar 26, 2026

  1. Slide 1: Three-month report 2026

    Three-aniintl port 2026 .

  2. Slide 2: Management

    • Daniel Ervér • Chief Executive Officer • • Adam Karlsson • Chief Financial Officer • • Joseph Ahlberg • Head of Investor Relations

  3. Slide 3: The quarter in brief

    • The quarter in brief → 8.4 % operating margin over last 12 months (7.0) → 1 % decrease in sales in local currency in Q1 → 1 % increase in sales estimated in March • → 50.7 % gross margin (49.1) in Q1 → 3.0 % operating margin (2.2) in Q1 The quarter in brief → We continue to make progress in a quar

  4. Slide 4: We are on the right path and continue to build our foundation

    • →We are on the right path and continue to build • our foundation • • →Executing with focus on product, experience, • brand with good cost control • • →Faster decisions with simpler structures • Building a strong foundation

  5. Slide 5: Product – increased agility and inventory efficiency

    • Product – increased agility and inventory efficiency → Shortened decision-making paths and closer supplier collaboration → More responsive to trends and customer demand → Improved demand planning and good inventory composition •

  6. Slide 6: Elevated shopping experiences

    • → Store updates progressing according to plan • → First store in Rio in April, re-opening Hamngatan • → Digital store enhancements to make it easier for the customer to find what they want • Elevated shopping experiences

  7. Slide 7: Strengthening brand relevance

    • Strengthening brand relevance → Strategic initiatives and collaborations • → More precise and targeted marketing initiatives •

  8. Slide 8: A meaningful progress Continued progress on our targets

    • A meaningful progress Continued progress on our targets • → Scope 3 emissions reduced by 34.6%, keeping us • on track towards our 2030 target (-56%) • • → Material targets ahead of plan: 32% recycled share • and 91% recycled or sustainably sourced materials

  9. Slide 9: Financial Outlook

    • Financial Outlook Gross margin • → Sourcing initiatives targeting both tier 1 and tier 2 suppliers • → Improved inventory productivity but deal sensitive consumer • • Selling and administrative expenses • → Ambition to grow SG&A at low single digit level • in local currencies FY2026 • → Somewhat i

  10. Slide 10: Business Outlook

    • → Continued important steps in the right direction • → Focused investments in product, brand, infrastructure • and store portfolio, while maintaining good cost control • → Customer-centric approach to increase relevance, • flexibility and value for money in our offering • → Strong foundation and r

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H & M Hennes & Mauritz — Q1 2026 Earnings Presentation on 6ix