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L Brands comparable store sales rise 3% in May
05 Jun '14
1 min read
L Brands, Inc. reported net sales increased 4% to $763.6 million for the four weeks ended May 31, 2014, compared to net sales of $737.0 million for the four weeks ended June 1, 2013. Comparable stores sales increased 3% for the four weeks ended May 31, 2014.
The company reported net sales of $3.155 billion for the 17 weeks ended May 31, 2014, an increase of 5% compared to net sales of $3.005 billion for the 17 weeks ended June 1, 2013. Comparable stores sales increased 2% for the 17 weeks ended May 31, 2014.
L Brands, through Victoria's Secret, PINK, Bath & Body Works, La Senza and Henri Bendel, is an international company. The company operates 2,928 company-owned specialty stores in the United States, Canada and the United Kingdom, and its brands are sold in about 600 franchised additional locations worldwide.
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