Trade Resources Industry Views Store Sales Decrease of 5 Percent for The Four Weeks Ended Nov. 30, 2013

Store Sales Decrease of 5 Percent for The Four Weeks Ended Nov. 30, 2013

Tags: L Brands, Apparel

L Brands, Inc. reported net sales of $988.5 million for the four weeks ended Nov. 30, 2013, compared to net sales of $922.0 million for the four weeks ended Nov. 24, 2012. 

The company reported a comparable store sales decrease of 5 percent for the four weeks ended Nov. 30, 2013, compared to the four weeks ended Dec. 1, 2012.

The company reported net sales of $7.944 billion for the 43 weeks ended Nov. 30, 2013, an increase of 6 percent compared to net sales of $7.525 billion for the 43 weeks ended Nov. 24, 2012.  The company reported a comparable store sales increase of 2 percent for the 43 weeks ended Nov. 30, 2013, compared to the 43 weeks ended Dec. 1, 2012. 

ABOUT L BRANDS:

L Brands, through Victoria's Secret, Pink, Bath & Body Works, La Senza and Henri Bendel, is an international company.  The company operates 2,660 specialty stores in the United States and its brands are sold in about 800 company-operated and franchised additional locations world-wide.

Source: http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=156883
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Nov Sales Dip 5% at L Brands