L Brands (LB) Comps Rose 3% in May

L Brands (NYSE: LB) 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.

You May Also Be Interested In

• Bausch + Lomb names Appio as chairman, reshapes board committees
• Grok Bot launches in early beta for select subscribers
• Phillip Securities Reiterates Buy Rating on AMD (AMD)