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L Brands May comparable sales increase 5 percent

By Prachi Singh

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Business

L Brands, Inc. reported net sales increased 10 percent to 851.9 million dollars for the four weeks ended June 2, 2018, compared to 774.3 million dollars for the four weeks ended May 27, 2017. Comparable sales for the period increased 5 percent compared to the same period last year.

The company reported net sales of 3.478 billion dollars for the 17 weeks ended June 2, 2018, an increase of 8 percent compared to 3.211 billion dollars for the 17 weeks ended May 27, 2017. Comparable sales for the 17 weeks increased 3 percent compared to the same period ended June 3, 2017.

Picture:L Brands website

L BRANDS