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: Three Data Points We’re Watching This WeekCES 2023 Day Two: Deborah Weinswig Presents Key Opportunities for Retailers in the Face of Brisk HeadwindsDollar Stores and Warehouse Clubs Gain from Valentine’s Day: US Consumer Survey InsightsResearch Preview: Market Navigator—Global Luxury