L Brands Release Q4 and Full-Year 2016 Earnings

L Brands, Inc. has released its 2016 fourth quarter and full year results which ended on January 28, 2017.

The net sales for the fourth quarter were $4.489 billion. This is a 2% increase from 2015 fourth quarter which saw net sales of $4.395 billion. The net sales for the full-year were $12.574 billion. This is a 3% increase from full-year 2015 which saw net sales of $12.154 billion.

Bath and Body Works

• The brand saw $1.6 billion in total sales during fourth quarter 2016. During fourth quarter 2015 the total sales were $1.5 billion.
• The brand saw $3.85 billion in total sales for full-year 2016 compared to $3.6 billion for full-year 2015.

Victoria Secret, Including Victoria’s Secret Beauty

• The brand saw $2.58 billion in total sales during fourth quarter 2016. During fourth quarter 2015 the total sales were $2.6 billion.
• The brand saw $7.78 billion in total sales during fourth quarter 2016 compared to $7.67 billion for full-year 2015.