Company Earnings Update 2 minutesRegister for Free AccessH&M (STO: HM-B) Monthly Sales Update: Lower-Than-Expected Growth in December Coresight Research January 17, 2017 Executive Summary H&M reported a 6% year-over-year increase in total sales in local currencies in December 2016. This compares to sales growth of 9% in November. The total number of stores grew by 10.7% year over year to 4,379, as of December 31. Sales growth lagged store growth by 466 basis points (bps) in December, expanding from the 188 bps difference in November. 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: May 2023 US Retail Traffic and In-Store Metrics: Recovery of Store-Based Sales Progresses as Year-Over-Year Declines SoftenIn-Store Shopping Thrives Over Holiday Peak: US Consumer Survey InsightsHoliday 2024: US Consumer Survey and Retail Outlook—Early Shopping and Deal-Seeking To Define the SeasonAnalyst Corner—Keep Up with Retail Dynamics: The Fast Luxury Model with Sunny Zheng