L B, Parent Company Of Vitoria, Has A Net Sales Of $2 Billion 614 Million In The First Quarter.

Parent company

Announced the first quarter of fiscal year 2016 financial report, announced earnings per share of $0.59, net sales of $2 billion 614 million.

Vitoria's Secret official website

It is understood that by April 30, 2016, the company recorded a surplus of $152 million 300 thousand in the first quarter, diluted 52 cents per share, and adjusted 59 cents after the adjustment of non recurrent expenditure, down from 61 cents a year earlier, exceeding the 55 earnings per share of Wall Street analysts.

Earnings per share is expected to be between 50-60 cents in the second quarter, and earnings per share are expected to be between us $3.60-3.80 per year.

In the same period, it recorded a revenue of $2 billion 614 million, less than Wall Street's $2 billion 620 million forecast, an increase of 4% over last year's $2 billion 512 million.

Comparable sales increased by 3%.

Adjusted operating income was $358 million, down 4% from $372 million a year ago, and adjusted net income was $174 million, compared with $182 million a year ago.

It is understood that L Brands banner.

It includes secrets from Vitoria, PINK, Bath&Body Works, La Senza and Henri Bendel. The company has 2038 stores directly owned by the United States, Canada, the United Kingdom and China, and its brand is sold to 700 stores around the world, and it is also sold online.