L Brands (LB) May Comps Increased 5%

Go back to L Brands (LB) May Comps Increased 5%

L Brands Reports May 2018 Sales

June 6, 2018 7:15 AM EDT

COLUMBUS, Ohio, June 06, 2018 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) reported net sales increased 10 percent to  $851.9 million for the four weeks ended June 2, 2018, compared to net sales of $774.3 million for the four weeks ended May 27, 2017.  Comparable sales for the four weeks ended June 2, 2018, increased 5 percent compared to the four weeks ended June 3, 2017. 

The company reported net sales of $3.478 billion for the 17 weeks ended June 2, 2018, an increase of 8 percent compared to net sales of $3.211 billion for the 17 weeks ended May 27, 2017.  Comparable sales for the 17 weeks ended June 2, 2018, increased 3 percent compared to... More