Favorable weather conditions and an improving economic backdrop instilled confidence among consumers that led to strong spending during the month of May. Amid such a positive scenario L Brands, Inc. Limited Brands posted comparable-store sales growth of 3% for the four-week period ended Jun 1, 2013, reflecting a sequential improvement of 100 basis points.
This specialty retailer of women's intimate and other apparel, beauty and personal care
products showcased an increase of 9.7% in net sales of $737 million from $671.9 million in the prior-year period. In the past few months unseasonable cold weather dampened the mood of consumers that muted retailers' performance. However, an improving job market, lower gas prices and rebound in the housing market boosted consumer sentiment
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