Victoria Secret Drives L-Brands Sales

L Brands, Inc.  reported net sales increased 6% to  $981.2 million for the five weeks ended April 4, 2015, compared to net sales of $923.7 million for the five weeks ended April 5, 2014.  Comparable store sales for the five weeks ended April 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 billion for the nine weeks ended April 4, 2015, an increase of 7% compared to sales of $1.674 billion for the nine weeks ended April 5, 2014.  Comparable store sales for the nine weeks ended April 4, 2015, increased 7%.  

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