gci

L Brands: June was Great, July Perhaps Not

Contact Author
Close
Fill out my online form.

L Brands has reported that net sales increased 7% to $1.296 billion for the five weeks ended July 2, 2016; comparable sales for the five weeks ended July 2, 2016 , increased 6%.

Victoria's Secret's comparables climbed 6%, while those at Bath & Body Works rose 7%. Bath & Body Works recently reintroduced favorite scents from the 1990s.

Despite the good news, the company has warned that July comparables will not be as strong.

L Brands reported net sales of $4.727 billion for the 22 weeks ended July 2, 2016 , an increase of 5% compared to net sales of $4.518 billion for the 22 weeks ended July 4 , 2015; comparable sales for the period increased 3%.

Related Content