How Was L Brands’ Monthly Performance In June 2016?
L Brands recently released its monthly performance report for June 2016. The comparable store sales for the company was up by 6% Y-o-Y which was significantly boosted by the timing shifts of Memorial Day and July 4th holidays. However, the merchandise margin rate continued with the weak trend on account of the clearance sales at Victoria’s Secret due to the company’s restructurings of the Victoria’s Secret core segment. Though Bath & Body Works experienced an increase in Y-o-Y merchandise margin rate, yet the margin was partially dampened due to weak Canadian exchange rates against the US dollars.
Have more questions on L Brands? See the links below.
- What Is L Brands’ Revenue And EBITDA Breakdown?
- How Has L Brands’ Revenue And EBITDA Composition Changed Over 2012-2016E?
- L Brands Q4 2015 Pre-Earnings Report
- L Brands 2015 Year In Review
- How Was L Brand’s Monthly Performance In February 2016?
- How Was L Brand’s Monthly Performance In March 2016?
- What Is L Brands’ Fundamental Value Based On 2016 Estimated Numbers?
- How Did L Brands’ Different Segments Perform Over The Last 5 Years?
- What Are The Key Takeaways From L Brands Q1 FY2016 Earnings Results?
- Why Is Victoria’s Secret Undergoing Restructuring Changes?
- Key Takeaways From L Brands May 16 Performance Report
- Why Has L Brands’ Stock Price Declined By Around 30% Year-To-Date?
- Which Is The Most Important Segment For L Brands’ Future Growth?
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Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for L Brands