Company Earnings Update 2 minutesRegister for Free AccessH&M (STO: HM-B) 1Q18 Sales Update: Very Weak Performance Despite Solid Growth in Store Numbers Coresight Research March 16, 2018 Executive Summary H&M reported that total 1Q18 sales growth was flat in constant-currency terms. In reporting currency, sales excluding VAT declined by 1.7%. Including VAT, sales declined by 1.5% in the quarter. The total number of stores grew by 8.0% year over year, to 4,743, as of February 28, 2018. 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: Keeping the Lights on—Self-Reported Financial Resilience: US Consumer Survey InsightsUS CPG Sales Tracker: Online Food Sales Soar Amid Easing InflationFashion Footprint: Real Estate Expansion and Store Downsizing in the US Apparel Retail MarketE-Commerce Outlook: US Department Stores—Digital Slows as Consumers Shop in Stores