L Brands (LB) March Comps Rose 9%

L Brands (NYSE: LB) reported net sales increased 6% to $981.2 million for the five weeks ended April 4, 2015, compared to net sales of $923.7 million for the five weeks ended April 5, 2014. Comparable store sales for the five weeks ended April 4, 2015, increased 9% and were positively impacted by the earlier Easter this year by approximately 3 to 4 points.

The company reported net sales of $1.787 billion for the nine weeks ended April 4, 2015, an increase of 7% compared to sales of $1.674 billion for the nine weeks ended April 5, 2014. Comparable store sales for the nine weeks ended April 4, 2015, increased 7%.

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