L Brands (LB) Comps Rose 6% in August
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L Brands (NYSE: LB) reported net sales of $826.0 million for the four weeks ended Aug. 29, 2015, an increase of 8 percent, compared to net sales of $765.3 million for the four weeks ended Aug. 30, 2014. Comparable store sales increased 6 percent for the four weeks ended Aug. 29, 2015.
The company reported net sales of $6.103 billion for the 30 weeks ended Aug. 29, 2015, an increase of 5 percent compared to net sales of $5.832 billion for the 30 weeks ended Aug. 30, 2014. Comparable store sales increased 4 percent for the 30 weeks ended Aug. 29, 2015.
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