Hennes & Mauritz Q3 Net Profit Surges 22%
September 26, 2013 at 05:18 AM EDT
Hennes & Mauritz (OTC: HNNMY ) reported a 22% rise in its third-quarter net profit. Its quarterly net profit surged to 4.43 billion Swedish kronor ($690 million), from SEK3.62 billion, in the year-ago period. However, analysts were projecting a net profit of SEK4.14 billion. Hennes & Mauritz's sales from
