H&M reported monthly sales growth in local currencies, including VAT and monthly store numbers. In these monthly updates, the company does not report comparable sales and typically offers no commentary.
Source: Company reports/Fung Global Retail & Technology
Note on Sales Growth Versus Store Growth
Changes in the difference between sales growth and store growth suggest changes in underlying sales growth rates, but the measure should not be taken as indicative of comparable sales growth in absolute terms. The figures are calculated from rounded sales growth data and unrounded store growth data.
