Home / Knowledge / News / Apparel/Garments / L Brands sales hikes 9% in four weeks ended Feb 1
L Brands sales hikes 9% in four weeks ended Feb 1
07
Feb '14
L Brands, Inc. reported comparable store sales for the four weeks ended Feb. 1, 2014 increased 9% compared to the four weeks ended Feb. 2, 2013.  The Company reported net sales of $731.2 million for the four-week period ended Feb. 1, 2014 compared to sales of $986.4 million for the five-week period ended Feb. 2, 2013. 
 
Comparable store sales for the 13 week fourth quarter ended Feb. 1, 2014 increased 1% compared to the 13 weeks ended Feb. 2, 2013.  Net sales were $3.818 billion for the 13 week fourth quarter ended Feb. 1, 2014 compared to $3.856 billion for the 14 weeks ended Feb. 2, 2013. 
 
The Company reported a comparable stores sales increase of 2% for the 52 week year ended Feb. 1, 2014, compared to the 52 weeks ended Feb. 2, 2013. Net sales were $10.773 billion for the 52 week year ended Feb. 1, 2014 compared to $10.459 billion for the 53 weeks ended Feb. 2, 2013.
 
The Company expects to report fourth quarter earnings per share slightly above its previous guidance of $1.60.
 
ABOUT L BRANDS:
L Brands, through Victoria's Secret, Pink, Bath & Body Works, La Senza and Henri Bendel, is an international company.  The company operates 2,648 specialty stores in the United States and its brands are sold in about 800 company-operated and franchised additional locations world-wide.  
 

L Brands

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search