U.S. L Brands results for the fiscal second quarter 2015

U.S. L Brands results for the fiscal second quarter 2015

The company reported net sales of USD 2765 million for the second quarter ended Aug. 1, 2015, an increase of 3 % compared to sales of USD 2675 million for the quarter ended Aug. 2, 2014.  The company reported a comparable store sales increase of 4 % for the second quarter ended Aug. 1, 2015.

Earnings per share for the second quarter ended Aug. 1, 2015, increased 8 % to USD 0.68 compared to USD 0.63 for the quarter ended Aug. 2, 2014.  Second quarter earnings per share include a USD 0.02 negative foreign exchange impact.  Second quarter operating income increased 7 % to USD 402.9 million compared to USD 375.9 million last year, and net income was USD 202.5 million compared to USD 188.4 million last year.

 

Sales In million USD                2nd quarter 2014          2nd quarter 2014         ytd 2015             ytd 2014

 

Victoria’s Secret

Stores                                                 1437.5                             1363.0                            2783.1            2608.4

Victoria’s Secret Direct                          368.9                              382.4                              707.2               740.6

Total Victoria’s Secret                         1806.4                            1745.4                            3490.3             3349.0

Bath & Bod Works                                672.0                              638.3                            1226.0             1168.5

Bath & Body Works

Direct                                                     76.2                                66.4                              135.5               117.8

Total Bath & Body Works                    748.2                               704.7                            1361.5             1286.3

VS & BBW

International                                         88.7                                79.3                              180.2                150.3

Other                                                   121.9                             145.9                               245.2                280.9

L Brands                                            2765.2                           2675.3                             5277.2              5066.5

                                                         ========                 ========                    ========       ========

 

                               

Stores owned             at 1/31/15 Opened        Closed         at 8/1/15

Victoria’s Secret

     U.S.                                     983             2           (2)                     983

 

    PINK U.S.                            115             9           (2)                      122

 Victoria’s Secret

     Canada                                31             2             –                          33

 

    PINK

     Canada                                10             –            –                           10

 

Total Victoria’s Secret          1139           13           (4)                    1148

Bath & Body Works

     U.S.                                1558           10           (3)                     1565

Bath & Body Works

     Canada                              88             3             –                           91

Total Bath & Bod Works     1646           13             (3)                    1656

Victoria’s Secret

     U.K.                                     8             –            –                               8

PINK

     U.K.                                     2             –            –                               2

Henri Bendel                          29             –            –                              29

La Senza

     Canada                            145             –              (12)                   133

Total L Brands Stores         2969            26           (19)                   2976

                                        =====           ===           ===              =====

+ Total L Brand noncompany Stores

                                           650            65          (39)                       676

Grand Total                       3619            91          (58)                     3652

                                        ===           ===          ===                      ===        

http://www.lb.com                                  


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