Cowen Reiterates Bullish View on L Brands (LB) Following Strong Holiday Start
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L Brands Reports November 2015 Sales
December 3, 2015 7:15 AM ESTCOLUMBUS, Ohio, Dec. 03, 2015 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) reported net sales of $1.169 billion for the four weeks ended Nov. 28, 2015, an increase of 8 percent, compared to net sales of $1.078 billion for the four weeks ended Nov. 29, 2014. Comparable store sales increased 7 percent for the four weeks ended Nov. 28, 2015.
The company reported net sales of $8.928 billion for the 43 weeks ended Nov. 28, 2015, an increase of 5 percent compared to net sales of $8.464 billion for the 43 weeks ended Nov. 29, 2014. Comparable store sales increased 5 percent for the 43 weeks ended Nov. 28, 2015.
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