What Happened
Shares in Swedish-headquartered retailer H&M fell as much as 7% on Thursday after the group said it expects to lose more profit to markdowns in the current quarter.
Why It Matters
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Background Context
Shares in Swedish-headquartered retailer H&M fell as much as 7% on Thursday after the group said it expects to lose more profit to markdowns in the current quarter.
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Source: MarketWatch.com – Top Stories – Original Link
Source: MarketWatch.com – Top Stories
