{"id":6922,"date":"2017-07-07T10:46:20","date_gmt":"2017-07-07T14:46:20","guid":{"rendered":"https:\/\/www.garmento.net\/?p=6922"},"modified":"2017-07-07T11:05:28","modified_gmt":"2017-07-07T15:05:28","slug":"l-brands-monthly-sales-decline-continued-in-june","status":"publish","type":"post","link":"http:\/\/www.garmento.net\/fr\/l-brands-monthly-sales-decline-continued-in-june\/","title":{"rendered":"L Brands&#8217; monthly sales decline continued in June"},"content":{"rendered":"<div class=\"fg-article__meta\"><\/div>\n<div class=\"fg-article__meta\">\n<div class=\"actions fg-article__actions\"><button class=\"picto-news-zoom-in fg-article__action\" title=\"Increase text size\"><i class=\"fa fa-search-plus\"><\/i><\/button><span style=\"font-size: 14pt;\">\u00a0<\/span><\/div>\n<div class=\"actions fg-article__actions\"><span style=\"font-size: 14pt;\">L Brands reported on Thursday its sales for June and the 22 weeks ended on July 1, 2017.<\/span><\/div>\n<div><span class=\"fg-article__author\">By\u00a0<a class=\"fg-link\" title=\"Obi Anyanwu\" href=\"http:\/\/us.fashionnetwork.com\/author\/Obi-Anyanwu.html\" rel=\"author\">Obi\u00a0Anyanwu<\/a>\u00a0<\/span>\u00a0&#8211;\u00a0\u00a0<time class=\"fg-article__date\" datetime=\"2017-07-06T16:12:31-05:00\">July 6, 2017<\/time><\/div>\n<\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div class=\"content line fg-article__content\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-6923\" src=\"https:\/\/www.garmento.net\/wp-content\/uploads\/2017\/07\/h.png\" alt=\"for garmento\" width=\"481\" height=\"601\" srcset=\"http:\/\/www.garmento.net\/wp-content\/uploads\/2017\/07\/h.png 481w, http:\/\/www.garmento.net\/wp-content\/uploads\/2017\/07\/h-240x300.png 240w\" sizes=\"(max-width: 481px) 100vw, 481px\" \/><\/div>\n<div>\n<article>\n<div class=\"content line fg-article__content\"><span style=\"font-size: 14pt;\">Net sales for the month fell 6% to $1.213 billion from $1.296 billion and comparable sales fell 9%. The exit of the swim and apparel categories had a negative impact of about 7 percentage points on the total company, and a negative impact of 10 percentage points on Victoria\u2019s Secret comparable sales.<\/span><br \/>\n<span style=\"font-size: 14pt;\">\u00a0<\/span><br \/>\n<span style=\"font-size: 14pt;\">June marks as L Brands\u2019 sixth consecutive monthly sales decline. The exit of swim and apparel categories related to L Brands\u2019 restructuring has consistently impacted sales for the company and Victoria\u2019s Secret. In addition, first quarter sales fell 7% and comparable sales fell 9%.<\/span><br \/>\n<span style=\"font-size: 14pt;\">\u00a0<\/span><br \/>\n<span style=\"font-size: 14pt;\">Net sales for the 22 weeks ended on July 1, 2017 fell 6% to $4.424 billion from $4.727 billion in the prior comparable period, and comparable sales fell 9%. The exit of swim and apparel categories negatively impacted sales in the period by 7 percentage points and Victoria\u2019s Secret comparable sales by 10 percentage points.<\/span><br \/>\n<span style=\"font-size: 14pt;\">\u00a0<\/span><br \/>\n<span style=\"font-size: 14pt;\">Despite the consistent sales decline, L Brands in June increased its earnings per share guidance for fiscal 2017 to a range of $3.10 to $3.40. The company also expects its second quarter earnings per share to from $0.40 to $0.45.<\/span><\/div>\n<div><\/div>\n<div><\/div>\n<p class=\"fg-article__copyrights\" style=\"text-align: right;\"><span style=\"color: #999999;\">Courtesy of 2017 FashionNetwork.com All rights reserved.<\/span><\/p>\n<\/article>\n<div class=\"line\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 L Brands reported on Thursday its sales for June and the 22 weeks ended on July 1, 2017. By\u00a0Obi\u00a0Anyanwu\u00a0\u00a0&#8211;\u00a0\u00a0July 6, 2017 Net sales for the month fell 6% to $1.213 billion from $1.296 billion and comparable sales fell 9%. The exit of the swim and apparel categories had a negative impact of about 7&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6923,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"translation":{"provider":"WPGlobus","version":"2.10.7","language":"fr","enabled_languages":["en","es","de","fr","ru"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"es":{"title":false,"content":false,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false},"fr":{"title":false,"content":false,"excerpt":false},"ru":{"title":false,"content":false,"excerpt":false}}},"_links":{"self":[{"href":"http:\/\/www.garmento.net\/fr\/wp-json\/wp\/v2\/posts\/6922"}],"collection":[{"href":"http:\/\/www.garmento.net\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.garmento.net\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.garmento.net\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.garmento.net\/fr\/wp-json\/wp\/v2\/comments?post=6922"}],"version-history":[{"count":6,"href":"http:\/\/www.garmento.net\/fr\/wp-json\/wp\/v2\/posts\/6922\/revisions"}],"predecessor-version":[{"id":6930,"href":"http:\/\/www.garmento.net\/fr\/wp-json\/wp\/v2\/posts\/6922\/revisions\/6930"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.garmento.net\/fr\/wp-json\/wp\/v2\/media\/6923"}],"wp:attachment":[{"href":"http:\/\/www.garmento.net\/fr\/wp-json\/wp\/v2\/media?parent=6922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.garmento.net\/fr\/wp-json\/wp\/v2\/categories?post=6922"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.garmento.net\/fr\/wp-json\/wp\/v2\/tags?post=6922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}