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: Earnings Insights 3Q25: Strong Growth at Ulta, Improvement at Macy’s and Solid Demand at Dollar StoresFreeze, Flight or Fight? How Retailers Can Strategically Navigate Tariff TurmoilKering and L’Oréal Announce €4 Billion Strategic Partnership—Multibrand Luxury and Beauty Firms Playing To Their StrengthsRecent Conference Insights, from World Retail Congress to ICSC Las Vegas: Coresight Research Premium Subscriber Call, June 2025