September 18, 2017 2 minutes

H&M (STO: HM-B) Quarterly Sales Update: Continued Soft Sales Growth

Primary Analyst: Coresight Research

Company Earnings Update

Executive Summary

H&M reported total sales rose by 4% year over year in local currencies in 3Q17, for the period June 1 to August 31, 2017.
The total number of stores grew by 10.1% year over year to 4,553, as of August 31, 2017.
Sales growth lagged store growth by 611 basis points in 3Q17.

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