Insight Report 2 minutes PremiumH&M (STO: HM-B) MONTHLY AND 3Q16 SALES UPDATE: GROWTH SLOWS TO 7% IN AUGUST DUE TO HOT WEATHER Coresight Research September 26, 2016 Executive Summary H&M reported total sales grew 7% year over year, in local currencies, in August 2016. Growth in July was 10%. Total store numbers grew by 12.5% year over year, to 4,135 as of August 31. Sales growth lagged store growth by 552 basis points in August, a widening from the 250-basis-point difference in July. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: September 2023 UK Retail Sales: Growth Slows Amid Continuing Cost of Living Pressures and Unseasonably Warm WeatherWeinswig’s Weekly: Focus on Superior Brand Building To Be BEST in RetailE-Commerce Outlook: European Apparel and Footwear—Poised for Growth in 2023 and BeyondMore Active Consumers Proliferate Ahead of Memorial Day: US Consumer Tracker 2023, Week 22
