Insight Report 2 minutes PremiumH&M (STO: HM-B) MONTHLY AND 3Q16 SALES UPDATE: GROWTH SLOWS TO 7% IN AUGUST DUE TO HOT WEATHER Coresight Research September 26, 2016 Executive Summary H&M reported total sales grew 7% year over year, in local currencies, in August 2016. Growth in July was 10%. Total store numbers grew by 12.5% year over year, to 4,135 as of August 31. Sales growth lagged store growth by 552 basis points in August, a widening from the 250-basis-point difference in July. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Data Dive: How US Consumers Spent in 2022—and Why Services Are Yet To Fully Bounce BackRetail-Tech Landscape: Demand ForecastingIndoor Activities Up: China Consumer TrackerUS Retail and Consumer Outlook, August 2023