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L Brands (LB) November Comps Increase 8%

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December 4, 2014 7:08 AM EST

L Brands, Inc. (NYSE: LB) reported net sales of $1.078 billion for the four weeks ended Nov. 29, 2014, an increase of 9 percent, compared to net sales of $988.5 million for the four weeks ended Nov. 30, 2013. Comparable store sales increased 8 percent for the four weeks ended Nov. 29, 2014.

The company reported net sales of $8.464 billion for the 43 weeks ended Nov. 29, 2014, an increase of 7 percent compared to net sales of $7.944 billion for the 43 weeks ended Nov. 30, 2013. Comparable store sales increased 4 percent for the 43 weeks ended Nov. 29, 2014.

L BRANDS

NOVEMBER 2014

Comparable Store Sales Increase (Decrease):

Nov.

2014

Nov.

2013

Year-to-

Date

2014

Year-to-

Date

2013

Victoria's Secret1

6%

(4%)

3%

2%

Bath & Body Works1

11%

(6%)

5%

1%

L Brands

8%

(5%)

4%

2%

Victoria's Secret

Direct Sales

(5%)

9%

0%

(3%)

1 – Results include company-owned stores in the United States and Canada.

Total Company-Owned Stores:

Stores

Stores

Operating

Operating

at 2/1/14

Opened

Closed

at 11/29/14

Victoria's Secret U.S.

977

12

(4)

985

PINK U.S.

83

32

(1)

114

Victoria's Secret Canada

24

7

-

31

PINK Canada

10

-

-

10

Total Victoria's Secret

1,094

51

(5)

1,140

Bath & Body Works U.S.

1,559

13

(11)

1,561

Bath & Body Works Canada

79

10

(1)

88

Total Bath & Body Works

1,638

23

(12)

1,649

Victoria's Secret U.K.

5

4

-

9

Henri Bendel

29

-

-

29

La Senza Canada

157

-

(9)

148

Total L Brands Stores

2,923

78

(26)

2,975


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