Company Earnings UpdateH&M (STO: HM-B) 2Q18 Sales Update: Growing Store Numbers Fail to Push Sales Higher Coresight Research June 18, 2018 Executive Summary H&M reported that total sales growth for 2Q18 was flat in constant-currency terms. Sales excluding VAT grew by 1.2% in reporting currency. Including VAT, sales rose by 2.0% in the quarter. The total number of stores increased by 6.7% year over year to 4,801, as of May 31, 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: Three Data Points We’re Watching This Week, Week 12: US Retail and Consumer LatestTransforming Beauty Retail: AI Across the Value Chain, from Innovation to PersonalizationRetail-Tech Landscape: Supply Chain TechnologyOverall Sentiment Declines Despite Rate Cut—But Higher Earners Are More Confident: US Consumer Survey Insights
