Company Earnings Update 2 minutesRegister for Free AccessH&M (STO: HM-B) 4Q17 Sales Update: Constant Currency Sales Decline 2% Coresight Research December 18, 2017 Executive Summary H&M reported that total sales decreased by 2% year over year in local currencies in 4Q17, the period from September 1 to November 30, 2017. The company did not provide a new store growth percentage figure, unlike in previous trading update releases. Management stated that sales development in 4Q17 was significantly below expectations. Sales were negatively impacted by reduced footfall in brick-and-mortar stores and imbalances in parts of the H&M merchandise assortment composition. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: January 2023 US Retail Sales: Most Sectors See Positive Year-over-Year Sales GrowthUS Consumer Tracker: Declines in Avoidance and Shopping ProliferateNavigating Digital Transformation: Optimizing Hospitality Operations To Enhance Margins and GrowthWeekly US and UK Store Openings and Closures Tracker 2023, Week 40: US Closures Up 77% vs. Last Year