H&M organic growth seen muted in Q3, Pareto says
Pareto Securities says H&M organic growth is likely to remain muted in Q3, rising 0.8%, citing a soft German market and subdued U.K. and U.S. demand.
H&M's organic growth is likely to remain muted in the third quarter, rising 0.8% amid a soft German market and subdued U.K. and U.S. markets, Pareto Securities analysts Kristian Smolle and Alexander Siljestrom write.
The bank expects the Swedish retailer's adjusted EBIT margin to remain flat on yea…