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: Innovator Profile: Sotira—Managing Reverse Logistics and Offloading Surplus Inventory with AIUS Consumer Sentiment Amid the Energy Shock: Premium Subscriber CallAnalyst Corner: Exploring IKEA’s City Stores Worldwide, with John MercerSentiment Declines After Weeks of Gains; Plus, Beauty Shopping in Focus: US Consumer Survey Insights
