Company Earnings UpdateH&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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Singles’ Day 2025 Around the World—Global ObservationsRetail Crime and Shrink: US Shoppers Concerned About Theft Pushing Up Prices; Shoplifting Surges to Record Levels in EnglandWeekly US Store Openings and Closures Tracker 2025, Week 23: Rite Aid To Close Almost 500 StoresAnalyst Corner: Wayfair Turns a Profit for the First Time in Four Years—Four Drivers of Its Performance, with Madhav Pitaliya
