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: Retail Crime and Shrink: More Shoppers Say No to Locked-Up Merchandise; Self-Checkout Gets a MakeoverDiwali’s Global Rise Is Reshaping the Retail Growth CycleWeekly US Store Openings and Closures Tracker 2025, Week 48: American Signature, Bed Bath & Beyond and Saks To Close StoresWeekly US and UK Store Openings and Closures Tracker 2025, Week 2: Barnes & Noble CEO Announces Store Expansion Plan