Company Earnings UpdateH&M (STO: HM-B) 4Q18 Sales Update: Constant-Currency Sales Rise 6.0% Coresight Research December 18, 2018 Executive Summary In 4Q18, H&M grew sales including value-added tax (VAT) by 11.9% in its reporting currency, the Swedish krona. The company reported constant-currency sales growth of 6.0%, below the consensus estimate of 7.0%. The company announced it will report only sales excluding VAT in future interim reports and sales development press releases, starting with its full-year report to be published January 31, 2019. 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: High-Income Consumers’ Economic Optimism at Five-Month Low; Holiday Shopping Accelerates: US Consumer Survey InsightsWeekly US Store Openings and Closures Tracker 2025, Week 35: Netflix Heads to the Mall as Claire’s Shutters Nearly 300 StoresEarnings Insights 1Q25, Week 1: Mixed Results from LVMH, Nestlé, P&G and Others Amid Heightened Tariff Concerns—InfographicInnovator Profile: MUSE Inc.—Transforming Retail Operations with Intelligent Store Robots