L Brands (LB) Jan. Comps Decline 1%
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L Brands Reports January 2019 Sales
February 7, 2019 7:15 AM ESTCOLUMBUS, Ohio, Feb. 07, 2019 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) reported net sales of $780.1 million for the four weeks ended Feb. 2, 2019, compared to net sales of $1.040 billion for the five weeks ended Feb. 3, 2018. Comparable sales decreased 1 percent for the four weeks ended Feb. 2, 2019, compared to the four weeks ended Feb. 3, 2018.Â
Net sales were $4.852 billion for the 13-week fourth quarter ended Feb. 2, 2019, compared to $4.823 billion for the 14 weeks ended Feb. 3, 2018. Comparable sales for the 13-week fourth quarter ended Feb. 2, 2019, increased 3 percent compared to the 13 weeks ended Feb. 3, 2018.Â
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