Company Earnings UpdateH&M (STO: HM-B) 4Q18 Sales Update: Constant-Currency Sales Rise 6.0% Coresight Research December 18, 2018 Executive Summary In 4Q18, H&M grew sales including value-added tax (VAT) by 11.9% in its reporting currency, the Swedish krona. The company reported constant-currency sales growth of 6.0%, below the consensus estimate of 7.0%. The company announced it will report only sales excluding VAT in future interim reports and sales development press releases, starting with its full-year report to be published January 31, 2019. 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: US Store Tracker Extra, August 2025: At Home, Claire’s and Office Depot Closures Add 4+ Million Square Feet to Total Closed Retail SpaceInnovator Profile: ReFiBuy—Solving Research-Find-Buy E-commerce Challenges with Agentic AIAnalyst Corner: Exploring IKEA’s City Stores Worldwide, with John MercerHigh Income Consumers’ Sentiment Improves; Government Shutdown Impacting Shoppers: US Consumer Survey Insights