L Brands reported net sales of $759.5 millionfor the four weeks ended Aug. 1, 2015, an increase of 3 percent, compared to net sales of $735.3 million for the four weeks ended Aug. 2, 2014. Comparable store sales increased 3 percent for the four weeks ended Aug. 1, 2015. The company reported net sales of $2.765 billion for the 13 weeks ended Aug. 1, 2015, an increase of 3 percent compared to sales of $2.675 billion for the 13 weeks ended Aug. 2, 2014. The company reported a comparable store sales increase of 4 percent for the 13 weeks ended Aug. 1, 2015.
The company reported net sales of $5.277 billion for the 26 weeks ended Aug. 1, 2015, an increase of 4 percent compared to sales of $5.067 billion for the 26 weeks ended Aug. 2, 2014. Comparable store sales increased 4 percent for the 26 weeks ended Aug. 1, 2015.
The company increased its second quarter earnings guidance to $0.66 to $0.68 per share versus its previous guidance of $0.60 to $0.65 per share.
L Brands, through Victoria’s Secret, PINK, Bath & Body Works, La Senza and Henri Bendel, is an international company. The company operates 2,976 company-owned specialty stores in the United States, Canada and the United Kingdom, and its brands are sold in more than 650 additional noncompany-owned locations worldwide.
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