L Brands (LB) June Comps Fall 9%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/27/2026
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
- Stock action shows confidence in central banks: BofA’s Hartnett
- Oil prices slide about 2% as US, Iran explore path out of war
- Why stocks held up despite rising yields and $100 oil? These 2 words explain it
- Barclays asks if equity markets are nearing the boiling point
- White House blocks CNN from Air Force One trip, Washington Post reports
- Merck and Daiichi Sankyo withdraw lung cancer drug application
- Exclusive-SK Hynix's Solidigm weighs IPO that could value the unit at up to $150 billion, sources say
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
- Fox Factory sells Marucci Sports for $225M, cuts debt
L Brands Reports June 2017 Sales
July 6, 2017 7:15 AM EDTCOLUMBUS, Ohio, July 06, 2017 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) reported net sales decreased 6 percent to  $1.213 billion for the five weeks ended July 1, 2017, compared to net sales of $1.296 billion for the five weeks ended July 2, 2016. Comparable sales for the five weeks ended July 1, 2017, decreased 9 percent. For June, the exit of the swim and apparel categories had a negative impact of about 7 percentage points and 10 percentage points to total company and Victorias Secret comparable sales, respectively.
The company reported net sales of $4.424 billion for the 22 weeks ended July 1, 2017, a decrease... More
