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L Brands posts 6 percent rise in September net sales

By Prachi Singh

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Business

L Brands net sales of 971.4 million dollars for the five weeks ended October 1, 2016 increased 6 percent, compared to net sales of 919.9 million dollars for the same period ended October 3, 2015. Comparable sales increased 3 percent for the five weeks.

The company reported net sales of 7.328 billion dollars for the 35 weeks ended October 1, 2016, an increase of 4 percent compared to net sales of 7.023 billion dollars for the 35 weeks ended October 3, 2015. Comparable sales increased 3 percent for the period under review.

Picture:Victoria's Secret

L BRANDS