Follow Lingeriepedia On Facebook Follow Lingeriepedia On Twitter Follow Lingeriepedia On Pinterest Follow Lingeriepedia On Google Plus Follow Lingeriepedia On Instagram Follow Lingeriepedia On YouTube Follow Lingeriepedia On Tumblr Follow Lingeriepedia On Flicker Follow Lingeriepedia On RSS

Select Country

Lingerie New Collections Lingeries News
Models News Lingerie Stores News
Celebrity News Events News
Lingerie Stores   Lingerie Models
Lingerie encyclopedia   Lingerie Discounts coupons
Lingerie Events   Lingerie Dictionary

Latest Lingerie's Store Offers

Intimissimi Coupon Codes
Smart And Sexy Coupon Codes
 Undies.com Coupon Codes
Bella Bella Boutique Discount Coupon
La Senza Discount Coupon
La Vie en Rose Discount Coupon
Blackheart Lingerie Discount Coupon
Journelle Discount Coupon
Adore Me Discount Coupon
Bits of Lace Discount Coupon
Spicy Legs Discount Coupon
Boux Avenue Discount Coupon
Now That's Lingerie Discount Coupon
Fredericks Discount Coupon
Leonisa Discount Coupon
Orchard Corset Discount Coupon
3 Wishes Lingerie Discount Coupon
Spicy Lingerie Discount Coupon
Yandy Discount Coupon
Maidenform Discount Coupon
Figleaves Discount Coupon
Lingerie Diva Discount Coupon
Victoria's Secret Discount Coupons
Bare Necessities Discount Coupon

Subscribe Us

Get Our Newsletter & Discount Coupons

Shop Lingerie Now

Browse Products By Arrows

Victoria's Secret parent company reports strong September sales

Victoria's Secret parent company reports strong September sales

L Brands turned in a better-than-expected report on September sales, topping predictions.

Comparable-store sales, a key indicator of a retailer's health, increased 3 percent last month; Wall Street had predicted flat sales.

The 3 percent increase includes direct sales, such as online purchases, said Amie Preston, chief investor-relations officer. Store-only comparable-store sales increased 1 percent.

The Columbus-based parent of Victoria's Secret and Bath & Body Works reported sales of $971.4 million in the month, up from $919.9 million a year earlier.

Although those numbers were better than expected, profit margins were lower than last year and were below expectations, Preston said.

Victoria's Secret was responsible for most of that decline; its comparable-store sales were flat. Even though that was better than an expected decline, strong sales in the lingerie chain's college-oriented Pink brand were offset by weak sales in lingerie and beauty products.

Preston noted that the chain's sales of beauty products fell as the category was "repositioned," and the chain's sales reflected "the impact of exiting non-core businesses." The chain also did some discounting.

On the other hand, "Bath & Body Works had another excellent month," said Ken Perkins, president of Retail Metrics, a retail research firm. The home fragrance and body-care chain posted a 9 percent increase in comparable-store sales, far better than the 2.9 percent expected.

The retailer predicts that comparable-store sales in October will increase by a low single-digit percentage.

  Shop Now
   
Bluebella MORE DD+ Collection Bluebella New In Nova Leopard
Up to 80% Off at Undies.com Bluebella MORE DD+ Collection
Sky Berlei - Sign up and get 10% off all purchases!
Smart and Sexy Bras Sexy Swimwear at PinkQueen.com