Head­winds from $ may Ease by Yr-end

The Economic Times - - Commodities Plus -

Hennes & Mau­ritz AB said head­winds from the strong dol­lar will ease by the end of the year and the Swedish fash­ion re­tailer re­ported first-quar­ter profit fell less than an­a­lysts ex­pected. The stock rose 5.5%. Earn­ings be­fore in­ter­est and tax were 3.27 bil­lion kro­nor ($400 m) in the 3 months.

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