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L Brands Feb. Comps. Up 3% - Quick Facts

L Brands, Inc. (LB) reported net sales of $853.9 million for the four-week period ended March 3, 2018, compared to $765.5 million for the four-week period ended Feb. 25, 2017. Comparable sales for the four weeks ended March 3, 2018, increased 3 percent.

L Brands also announced it has authorized a new $250 million share repurchase program, which includes the remaining $23.1 million outstanding under the previous program.

by RTTNews Staff Writer

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