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current news

Victoria’s Secret Stores Up 5% In October

Push-up bras featured on Victoria’s Secret site in early November.
Push-up bras featured on Victoria’s Secret site in early November.

(Filed Under wholesale Lingerie News). Victoria’s Secret comparable store sales were “expected” to be up 5% in October and “total sales at Victoria’s Secret Direct, which are not included in comparable store sales, are estimated to be up about 7%,” according to parent company L Brands, Inc.

The company released those figures in advance of its Investor Update Meeting on November 3. L Brands added it “now expects third quarter earnings per share between $0.51 and $0.53, versus its previous guidance of $0.40 to $0.45 and last year’s result of $0.44. The company will provide final third quarter results and fourth quarter earnings guidance when it reports third quarter earnings on Nov. 18.”

more wholesale Lingerie News >>

Published 11-03-2015 by Nick Monjo

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