May 9, 2017 2 minutes

H&M (STO: HM-B) Monthly Sales Update: Slight Sales Improvement in April

Primary Analyst: Coresight Research

Company Earnings Update

Executive Summary

H&M reported that total sales rose by 7% year over year in local currencies in April 2017. This compares to growth of 6% in March.
The total number of stores grew by 10.9% year over year to 4,474, as of April 30.
Sales growth lagged store growth by 388 basis points in April, contracting from the 473-bps difference in March.

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