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: US Store Tracker Extra, March 2023: Retailers To Close 31 Million Square Feet of Retail Space in 2023US Holiday Survey and Outlook 2023: E-Commerce To Drive GrowthWalmart Investor Community Meeting 2023: Leveraging Automation, Targeting $130 Billion in Additional Sales in the Next Five YearsFebruary 2024 Leading Indicators of US Retail Sales: Easing Inflation Signals Positivity For Retail Sales Growth