Home / Knowledge / News / Apparel/Garments / L Brands Q2FY15 operating income up 5%
L Brands Q2FY15 operating income up 5%
23
Aug '14
L Brands which markets well-known apparel and intimates brands like Victoria's Secret, PINK, Bath & Body Works, La Senza and Henri Bendel, posted a hike of 5 percent, from a year earlier in its operating income for the second fiscal quarter ending August 2, 2014.

In the second fiscal quarter of 2014, operating rose 5 percent to $375.9 million compared to $357.8 million in the second fiscal quarter of 2013, while net income too increased to $188.4 million compared to $178.9 million last year.

L Brands reported net sales of $2.67 billion for the 13 weeks ended August 2, 2014, up 6 percent from $2.51 billion for the comparable quarter of 2013.

Comparable store sales increased 3 percent year-on-year for the 13 weeks ended August 2, 2014.
Earnings per share for the second fiscal quarter of 2014 stood at $0.63 compared to $0.61 for the quarter ended August 3, 2013.

For the third fiscal quarter of 2014, L Brands expects earnings per share to be between $0.26 to $0.31, and raised its full fiscal year earnings forecast to between $3.03 to $3.18 per share from ist earlier guidance of $3.00 to $3.15.

L Brands operates 2,942 company-owned specialty stores in the United States, Canada and the United Kingdom, and its brands are sold in about 600 additional franchised locations worldwide.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Peds

Fashion | On 28th Jul 2016

Gildan acquires Peds for $55 million

Montreal-based family apparel marketer Gildan Activewear Inc....

Textiles | On 28th Jul 2016

Pak to establish “quick response” system for cotton

Concerned over dropping yields of cotton, Pakistan’s Minister for...

Courtesy: GFK

Textiles | On 28th Jul 2016

Brexit halts upward trend in German consumer climate

The consumer climate in Germany weakened slightly in July. Also as a...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Eric Scholler
Groz-Beckert

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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
June 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search