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: Insights Video: Exploring the Transformative Impact of Generative AI—Premium Subscriber CallInnovator Profile: Radd.’s Video-Marketing Tool Drives E-Commerce Traffic and ConversionUS Grocery Retail and Recessions: Learnings from the Past and Recommendations for the FutureGroceryshop 2024 “Shark Reef” Startup Pitch Competition: Preview—12 Innovators Enhancing the Supply Chain, Customer Experience and Operations
