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April was unusual for L Brands
L Brands turned in a disappointing sales performance in April, a rarity for a chain that has turned in consistently strong monthly results.
The parent company of Victoria’s Secret reported a 1% increase in same-store sales, below Wall Street expectations of a 4.8% gain.
Sales for the month increased to $737.5 million, up from $724.6 million in the same month last year.
The company’s Bath & Body Works division saw a 5% increase in same-store sales while Victoria's Secret posted a 1% decrease.

