H & M Hennes & Mauritz AB (publ) reported earnings results for the fourth quarter and full year ended November 30, 2023. For the fourth quarter, the company reported sales was SEK 62,650 million compared to SEK 62,433 million a year ago. Net income was SEK 1,587 million compared to net loss of SEK 864 million a year ago. Basic earnings per share from continuing operations was SEK 0.97 compared to basic loss per share from continuing operations of SEK 0.53 a year ago.
For the full year, sales was SEK 236,035 million compared to SEK 223,553 million a year ago. Net income was SEK 8,752 million compared to SEK 3,566 million a year ago.