Company Earnings UpdateH&M (STO: HM-B) FY18 Results: Logistics Upgrade Proves a Drag on Profits Coresight Research February 1, 2019 Executive Summary H&M reported FY18 net sales were up 3% in local currencies, with an improvement to 6% in 4Q18. EPS was down 21.9% year over year in fiscal 2018, slightly missing the consensus of SEK7.8 recorded by StreetAccount, due to higher selling and administrative costs. In FY19, H&M plans to open 335 new stores, of which around 240 will be under the H&M banner. It plans to close 160 stores. 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: US Shoppers Concerned About Theft Pushing Up Prices; Shoplifting Surges to Record Levels in EnglandRetail Shrink and ORC: Cargo Theft Hits Record Levels in the US, Retail Crime Costs Soar in the UKAugust 2025 US Retail Sales Outlook: July Strength and Improved Outlook Score Raise Retail Projection Above 4%Three Data Points We’re Watching This Week, Week 19: China and US Consumer Sentiment in Focus
