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L Brands reports rise in March net and comparable sales

By Prachi Singh

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L Brands reported rise in net sales of 6 percent to 981.2 million dollars for the five weeks ended April 4, 2015, compared to net sales of 923.7 million dollars for the five weeks ended April 5, 2014. Comparable store sales for the period increased 9 percent and the company has said that the results were positively impacted by the earlier Easter this year by approximately 3 to 4 points.

The company reported net sales of 1.787 billion dollars for the nine weeks ended April 4, 2015, an increase of 7 percent compared to sales of 1.674 billion dollars. Comparable store sales for the period under review increased 7 percent.

L BRANDS