Company Earnings Update 2 minutesRegister for Free AccessH&M (STO: HM-B) Monthly Sales Update: Sequential Sales Improvement in January Coresight Research February 16, 2017 Executive Summary H&M reported total sales rose by 8% year over year in local currencies in January 2017. This compares to sales growth of 6% in December. January sales were negatively impacted by 2% due to a calendar impact. The total number of stores grew by 10.7% year over year to 4,380, as of January 31. Sales growth lagged store growth by 266 basis points in January, contracting from the 466-bps difference in December. 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: Innovator Profile: The Metav.rs Web3 Platform Helps Brands To Better Create and Manage Metaverse ExperiencesWeinswig’s Weekly: Introducing Temu, the New Entrant in US E-CommerceWeinswig’s Weekly: The Festivalization of Retail: Shop Sooner, Celebrate BiggerHoliday 2023: Festive Frenzy of Social Commerce—Seven Social Media Strategies To Drive Engagement
