L Brands Reports February 2018 Sales
L Brands, Inc. (NYSE:LB) reported net sales of $853.9 million for the four-week period ended March 3, 2018, compared to net sales of $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 compared to the four weeks ended March 4, 2017.
The company has authorized a new $250 million share repurchase program, which includes the remaining $23.1 million outstanding under the previous program.
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