Company Earnings Update 2 minutesRegister for Free AccessH&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? Register for a free user account. This document was generated for Other research you may be interested in: Analyst Corner—Blending Monetary Rewards, Experiences and Technology: Explore US Retail Loyalty Programs with Sujeet NaikJuly 2023 US Housing Market Indicators: Third Consecutive Month of Strong Sales Growth for New HomesWeinswig’s Weekly: Introducing Temu, the New Entrant in US E-CommerceGenerative AI Latest: Indemnity for Platform Users; Image-Generation Updates from Adobe and Canva
