L Brands Reports Better-Than-Expected December Same-Store Sales

announced Thursday morning December comparable same-store sales rose 4 percent for the five weeks ended January 3, better than the 3.5 percent growth analysts were expecting. Total net sales rose 5 percent during the same period to $2.207 billion. For the 48-week period ending January 3, sales rose 6 percent to $10.671 billion while comparable store sales rose 4 percent. Shares were down 1.4 percent in Thursday's premarket. The company provided further commentary in the form of recorded remarks which can be accessed on the company's

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