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: Market Outlook: US Foodservice—Growth To Improve Amid Value-Focused InitiativesWeekly UK Store Openings and Closures Tracker 2025, Week 48: M&S To Open Up to 500 New Food StoresEnhance Shopping and Customize Care: Three Technologies Transforming the Drugstore and Pharmacy Retail LandscapeHigh-Income Consumers’ Sentiment Soars Ahead; Plus, Home and Home-Improvement Shopping in Focus: US Consumer Survey Insights