Sales development in April 2017
H&M group sales including VAT increased by 7 percent in local currencies in April 2017 compared to the same month the previous year.
The total number of stores in the group amounted to 4,474 on 30 April 2017 compared to 4,035 stores on 30 April 2016.
Percentage sales development for the month of May and total revenue in SEK for the second quarter (March to May) will be published in a separate press release on 15 June 2017 at 08.00 (CET). The six-month report, covering the period 1 December 2016 to 31 May 2017, will be published on 29 June 2017 at 08.00 (CET).
Karl-Johan Persson, CEO
Contact: Nils Vinge, Head of IR, +46 8 796 52 50
The information in this press release is that which H & M Hennes & Mauritz AB (publ) is required to disclose under the EU Market Abuse Regulation (596/2014 /EU). The information was submitted for publication by the abovementioned person at 08.00 CET on 8 May 2017. This press release, along with additional information about H&M, is available at www.hm.com.
H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq Stockholm. H&M’s business idea is to offer fashion and quality at the best price in a sustainable way. In addition to H&M, the group includes the brands & Other Stories, Cheap Monday, COS, Monki and Weekday as well as H&M Home. The H&M group has more than 4,400 stores in 66 markets including franchise markets. In 2016, sales including VAT were SEK 223 billion. The number of employees amounts to more than 161,000. For further information, visit hm.com.