for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Markets News

L Brands tops quarterly sales estimates

Nov 18 (Reuters) - L Brands Inc reported better-than-expected quarterly sales on Wednesday, driven by strong demand for Bath & Body Work’s sanitizers and hand creams.

Net sales for the third quarter rose 14% to $3.06 billion, exceeding analysts’ estimates of $2.67 billion, according to IBES data from Refinitiv.

Reporting by Nivedita Balu in Bengaluru; Editing by Aditya Soni

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up