L Brands (LB) Comps Rose 2% in June
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L Brands (NYSE: LB) reported net sales of $1.176 billion for the five weeks ended July 5, 2014, an increase of 7 percent, compared to net sales of $1.101 billion for the five weeks ended July 6, 2013. Comparable store sales increased 2 percent for the five weeks ended July 5, 2014.
The company reported net sales of $4.331 billion for the 22 weeks ended July 5, 2014, an increase of 6 percent compared to sales of $4.106 billion for the 22 weeks ended July 6, 2013. Comparable store sales increased 2 percent for the 22 weeks ended July 5, 2014.
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