#Breaking: #H&M shares surged over 15% after it posted a surprise first-quarter profit of almost $70 million.

WATCH: H&M shares surged over 15% after it posted a surprise first-quarter profit of almost $70 million. The gain came despite consumers curbing spending amid a cost-of-living crunch as moves to cut costs appear to be paying off https://t.co/SAcAkLc8Ft pic.twitter.com/8mZWgKr2jq

— Reuters Business (@ReutersBiz) March 31, 2023

Source: Twitter