L Brands (LB) March Comps Increase 4%

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L Brands Reports March 2018 Sales

April 12, 2018 7:15 AM EDT

COLUMBUS, Ohio, April 12, 2018 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) reported net sales increased 7 percent to  $1.020 billion for the five weeks ended April 7, 2018, compared to net sales of $951.4 million for the five weeks ended April 1, 2017.  Comparable sales for the five weeks ended April 7, 2018, increased 4 percent compared to the five-week period ended April 8, 2017.

The company reported net sales of $1.874 billion for the nine weeks ended April 7, 2018, an increase of 9 percent compared to sales of $1.717 billion for the nine weeks ended April 1, 2017.  Comparable sales for the nine weeks ended April 7, 2018,... More