H&M 3Q Gross Margin 58.3%; Est. 58.4%

H&M 3Q Gross Margin 58.3%; Est. 58.4%

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Business

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The video discusses H&M's earnings report, focusing on the third quarter results. The third quarter pretax profit was slightly above estimates at 6.97 billion Swedish kronor, with sales rising by 7% year-on-year. The gross margin was slightly below estimates. H&M plans to open new stores in Taiwan, Macau, and India in 2015, and expand its online presence to 10 new markets. The company is also focusing on sportswear and shoes to compete with leading European retailers like Zara.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the net income figure for the second quarter, and how did it compare to estimates?

5.81 billion Swedish kroner, below estimates

5.63 billion Swedish kroner, below estimates

5.81 billion Swedish kroner, ahead of estimates

5.63 billion Swedish kroner, ahead of estimates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the pretax profit for the third quarter, and how did it compare to estimates?

6.92 billion Swedish kroner, below estimates

6.97 billion Swedish kroner, ahead of estimates

6.92 billion Swedish kroner, ahead of estimates

6.97 billion Swedish kroner, below estimates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which new markets are planned for H&M store openings in 2015?

Macau and China

Taiwan and India

India and China

Taiwan and Macau

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is H&M's strategy to compete with Zara?

Expanding into electronics

Focusing on sportswear and shoes

Reducing store numbers

Increasing prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many new markets will H&M introduce their online products to in 2015?

20 new markets

15 new markets

10 new markets

5 new markets