Victoria Secret Drives L-Brands Sales

L Brands, Inc. reported net sales increased 6% to $981.2 million for the five weeks endedApril 4, 2015, compared to net sales of$923.7 millionfor the five weeks endedApril 5, 2014. Comparable store sales for the five weeks endedApril 4, 2015, increased 9% and were positively impacted by the earlier Easter this year by approximately 3 to 4 points.

The company reported net sales of$1.787 billionfor the nine weeks endedApril 4, 2015, an increase of 7% compared to sales of$1.674 billionfor the nine weeks endedApril 5, 2014. Comparable store sales for the nine weeks endedApril 4, 2015, increased 7%.

L Brands,(NYSE: LB) through Victoria’s Secret, PINK, Bath & Body Works, La Senza andHenri Bendel, is an international company. The company operates 2,972 company-owned specialty stores inthe United States,Canadaand theUnited Kingdom, and its brands are sold in more than 600 additional franchised locations worldwide.