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: Mass Merchandiser and Warehouse Club Shopping in Focus—Walmart Leads; High Purchase Rates for Daily Essentials: US Consumer Survey InsightsFinancial Confidence Falls to New Low Following US Tariff Imposition: China Consumer Survey InsightsFreeze, Flight or Fight? How Retailers Can Strategically Navigate Tariff TurmoilFinancial Confidence Improves but Tariffs and Inflation Impact Shopping Behavior: US Consumer Survey Insights
