L Brands (LB) June Comps Increase 3%

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L Brands Reports June 2018 Sales

July 12, 2018 7:15 AM EDT

COLUMBUS, Ohio, July 12, 2018 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) reported net sales increased 6 percent to $1.282 billion for the five weeks ended July 7, 2018, compared to net sales of $1.213 billion for the five weeks ended July 1, 2017.  Comparable sales for the five weeks ended July 7, 2018, increased 3 percent compared to the five weeks ended July 8, 2017.

The company reported net sales of $4.760 billion for the 22 weeks ended July 7, 2018, an increase of 8 percent compared to net sales of $4.424 billion for the 22 weeks ended July 1, 2017.  Comparable sales for the 22 weeks ended July 7, 2018, increased 3 percent compared... More