Company Earnings UpdateH&M (STO: HM-B) 1Q18 Sales Update: Very Weak Performance Despite Solid Growth in Store Numbers Coresight Research March 16, 2018 Executive Summary H&M reported that total 1Q18 sales growth was flat in constant-currency terms. In reporting currency, sales excluding VAT declined by 1.7%. Including VAT, sales declined by 1.5% in the quarter. The total number of stores grew by 8.0% year over year, to 4,743, as of February 28, 2018. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: From Prohibition to Participation: Measuring the Impact of Cannabis and Psychedelic Mushroom Legalization on Consumer SpendingWeekly US Store Openings and Closures Tracker 2025, Week 36: Bath & Body Works and Ollie’s Bargain Outlet To Open Additional StoresHigh-Income Consumers’ Financial Sentiment Reaches New Peak; Facebook Slumps in Social Commerce: US Consumer Survey Insights4Q24 Earnings Season Wrap-Up: Widespread Positive Sales Growth Recorded This Quarter