L Brands Increased Sales In The Same Store In December With A Slight Increase Of 8%
Because of its main brand Victoria 's Secret Vitoria's secret, PINK The underwear, clothing and personal care products sold by Bath & Body Works are less affected by abnormal weather, so the L Brands, Inc. (NYSE:LB) of these brands continue to be in other areas. Retailer In the context of complaining about the impact of warm winter shocks, the same store sales growth of 8% was recorded in the most important Christmas holiday season in December.
December group Net sales It reached $2 billion 415 million, an increase of 9.4% over the same period last year of $2 billion 207 million. In the first 48 weeks of January 2, 2016, group net sales rose to 6.3% from 11 billion 343 million US dollars in the same period last year to 11 billion 343 million US dollars.
L Brands, Inc. (NYSE:LB) fell 1.92% on Wednesday, at $94.64, and dropped slightly 0.15% to 94.50 dollars before Thursday.
L Brands, Inc. chairman and chief executive Leslie H. Wexner, said that December was the strongest December in group history. In the first five weeks as of January 2, 2016, Victoria 's Secret Vitoria's secret store sales rose 8% year on year, Bath Bath Body Works also had an annual year-on-year increase, which was stronger than the 3% and 5% growth in the same period last year.
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