Shoppers keep loving what L Brands is selling

L Brands Inc. kept its hot streak alive in October by posting yet another impressive increase in same-store sales.



The specialty retailer reported a 5% increase in same-store sales for the four weeks ended Oct. 31. Net sales also increased to $735.6 million, compared to net sales of $700 million for the four weeks ended Nov. 1, 2014.



The company also reported net sales of $2.482 billion for the 13 weeks ended Oct. 31, an increase of 7% compared to net sales of $2.319 billion for the 13 weeks ended Nov. 1, 2014. Same-store sales increased 7% for the 13 weeks ended Oct. 31.



The company still expects third quarter earnings per share between 51 cents and 53 cents, versus its previous guidance of 40 to 45 cents and last year's result of 44 cents. The company will provide third quarter earnings after the close of the market on Nov. 18.



L Brands, through Victoria's Secret, PINK, Bath & Body Works, La Senza and Henri Bendel, operates 3,003 company-owned specialty stores in the United States, Canada and the United Kingdom, and its brands are sold in more than 700 additional noncompany-owned locations worldwide.