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Top $10.6 billion for 48 weeks.
January 8, 2015
By: TOM BRANNA
Editor
L Brands, Inc. reported that net sales rose 6% to $10.671 billion for the 48 weeks ended Jan. 3, 2015. Comparable store sales increased 4% for the 48 weeks ended Jan. 3, 2015. For the all-important holiday selling season, the five weeks ended Jan. 3, 2015, the company reported net sales of $2.207 billion. Comparable store sales increased 4% for the five weeks ended Jan. 3, 2015. More specifically, sales of Bath & Body Works rose 5% in the 5- and 48-week period. Through the period, L Brands opened 13 stores and closed 11 in the US and opened 10 and closed 1 in Canada, bringing the total number of BBW stores to 1,649, with 1,561 based in the US.
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