July 18, 2017 2 minutes

H&M (STO: HM-B) Final Monthly Sales Update: Sequential Sales Improvement in June

Primary Analyst: Coresight Research

Company Earnings Update

Executive Summary

H&M reported total sales rose by 7% year over year in local currencies in June 2017. This compares to year-over-year sales growth of 4% in May.
The total number of stores grew by 10.3% year over year to 4,517, as of June 30.
Sales growth lagged store growth by 331 basis points in June, contracting from the 633-bps difference in May.

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