Boston, MA 05\/09\/2014 (wallstreetpr) \u2013 \u00a0On May 8, 2014, L Brands, Inc. (NYSE:LB),<\/b> announced its April 2014 sales along with increased first quarter earnings guidance. L Brands, via Pink, Victoria’s Secret, Henri Bendel, Bath & Body Works, and La Senza, operates across 2923 company-owned specialty stores in the U.S. The internally renowned company also operate in U.K. and Canada.<\/p>\n
Net sales for 4 weeks<\/b><\/p>\n
The company reported net sales of $717.6 million, which increased 9% over that of the last year, for the four weeks ended May 3, 2014. In comparison, the net sales of the company as on May 4, 2013, was $660.5 million. Hence, the company demonstrated an impressive performance this quarter. Comparable store sales of L Brands escalated 8% for the four weeks ended May 3, 2014.<\/p>\n
Net sales for 13 weeks<\/b><\/p>\n
L Brands, Inc. (NYSE:LB) recorded net sales of $2.391 billion for the thirteen weeks ended May 3, 2014. The figure for the net sales for 13 weeks ended May 4, 2013 was $2.268 billion. Therefore, the company recorded 5% increase in its net sales. Comparable stores of L Brands for the 13 weeks ended May 3, 2014 increased by 2%.<\/p>\n
High expectation<\/b><\/p>\n
Keeping in view the company’s appreciable performance, L Brands anticipate reporting earnings per share in the first quarter within the range of $0.50 to $0.52. It has seemingly enhanced its predictions compared to its previous expectation of the range of $0.44 to $0.49 for the same. All its customers are anxiously waiting to hear the earning’s guidance of the business. L Brands will be announcing an update on its full-year earnings guidance on May 21, 2014.<\/p>\n
Those interested can log onto the company’s website to listen to the further commentary on L Brands, Inc. (NYSE:LB)’s pre-recorded sales. All the company’s affiliates, investors and consumers will be able to know the first quarter earnings on May 21, 2014. L Brands will reveal its 1Q2014 earnings report after the market closes on that day. In this context, the company will host its conference call the next day.<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 05\/09\/2014 (wallstreetpr) \u2013 \u00a0On May 8, 2014, L Brands, Inc. (NYSE:LB), announced its April 2014 sales along with increased first quarter earnings guidance. […]<\/p>\n","protected":false},"author":32,"featured_media":21714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[6479,6480],"stock_ticker":[],"class_list":["post-21710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-l-brands-inc-nyselb","tag-nyselb","entry"],"acf":[],"yoast_head":"\n