Company Earnings UpdateH&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? 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 21: US Retail and Consumer DevelopmentsAnalyst Corner: What’s Happening in China’s Economy? Analyzing Retail and Consumer Metrics with Madhav PitaliyaWeekly US Store Openings and Closures Tracker 2025, Week 47: IKEA Continues Its Opening Spree; Target To Invest in StoresLuxury Shopping in Focus; Sentiment Slumps Overall Amid Tariffs: US Consumer Survey Insights
