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L Brands Reports End of Year Increase in Sales

The company reported its December 2014 earnings.

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By: Marie Redding

Senior Editor, Rodman Media

L Brands has reported its end-of-the-year earnings. The company’s net sales for Dedcember 2014 has been reported at $2.207 billion for the five weeks ended Jan. 3, 2015.

This represents an increase of 5 percent, compared to net sales of $2.098 billion for the five weeks ended Jan. 4, 2014. Comparable store sales increased 4 percent for the five weeks ended Jan. 3, 2015.

The company also reported net sales of $10.671 billion for the 48 weeks ended Jan. 3, 2015, which is an increase of 6 percent compared to net sales of $10.042 billion for the 48 weeks ended Jan. 4, 2014.  Comparable store sales increased 4 percent for the 48 weeks ended Jan. 3, 2015.

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