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: Earnings Insights 1Q25, Week 1: Mixed Results from LVMH, Nestlé, P&G and Others Amid Heightened Tariff Concerns—InfographicFive Ways Brands and Retailers Can Use AI/ML and Shared Data to Energize End-to-End Product ManagementRecent Conference Insights, from World Retail Congress to ICSC Las Vegas: Coresight Research Premium Subscriber Call, June 2025Groceryshop 2025 “Shark Reef” Startup Pitch Competition: Innovator Profiles
