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STOCKHOLM ― Swedish fashion retailer H&M reported a slightly stronger second-quarter profit on Thursday, an encouraging sign as CEO Daniel Erver tries to reboot the brand and improve profitability.

The automakers are tightening their grip on parts makers as tariff costs accumulate. Ford said in May that its tariff exposure for the year would be about $2.5 billion and that it plans to offset $1 ...

The primary purpose of a business is to generate profits that can be reinvested in expansion or utilized for rewarding shareholders. The net profit margin is an effective tool to measure the profits ...

Swedish fashion retailer H&M reported slightly stronger second-quarter profit on Thursday, an encouraging sign as CEO Daniel Erver tries to attract more shoppers with trendier clothes.

Net Profit Margin = Net Profit / Sales * 100 Net profit represents the amount a company retains after all costs, interest, depreciation, taxes and other expenses are deducted.

H&M shares gained 7.5% in early trading as investors focused on the profit rather than second-quarter sales, which fell slightly more than predicted. Erver has said his focus is on profitability ...

After being laid off in August 2023, Kelly Rocklein took her user-generated content side hustle — which was already bringing ...