Comparable Store Sales

Spring Season

Fall Season
Division Aug Sep Oct Qtr3 Nov Dec Jan Qtr4 Full Year
L Brands2
2020       28%       10%  
2019 - - - (3%)       (2%) (1%)
2018 1% 5%     9% 0% (1%) 3% 3%
2017 (4%) (2%) 2% (1%) (1%) 1% 7% 2% (3%)
2016 2% 3% 1% 2% 4% (1%) (4%) 0%  
2015 6% 8% 6% 7% 8% 9% 2% 8% 5%
2014 5% 6% 3% 5% 8% 4% 7% 6% 4%
2013 2% 1% 8% 3% (5%) 2% 9% 1% 2%
2012 8% 5% 3% 5% 5% 3% 9% 5% 6%
Victoria's Secret1
2020       4%       (3%)  
2019 - - - (7%)       (10%) (7%)
2018 (5%) 1%     2% (6%) (1%) (3%) (2%)
2017 (7%) (5%) 1% (4%) (6%) (1%) 4% (1%) (8%)
2016 0% 0% (2%) (1%) 5% (4%) (10%) (3%)  
2015 5% 8% 5% 6% 7% 10% 2% 7% 5%
2014 5% 4% 0% 3% 3% 4% 4% 4% 3%
2013 3% 1% 10% 4% (3%) 3% 10% 3% 3%
2012 9% 6% 3% 6% 4% 0% 8% 3% 7%
Bath & Body Works.1
2020       56%       22%  
2019 - - - 9%       10% 10%
2018 15% 13%     18% 11% 0% 12% 11%
2017 4% 4% 5% 4% 6% 4% 13% 6% 5%
2016 7% 9% 6% 7% 4% 3% 12% 5%  
2015 6% 9% 6% 7% 8% 8% 3% 7% 5%
2014 4% 10% 5% 7% 11% 5% 16% 8% 6%
2013 1% 2% 4% 3% (7%) 1% 6% (1%) 1%
2012 6% 5% 5% 5% 6% 7% 10% 7% 7%

NOTE: Stores are excluded from the comparable sales calculation when they have been closed for four consecutive days or more. Therefore, comparable sales results for 2020 exclude periods of time that stores were closed for four consecutive days or more as a result of the COVID-19 pandemic. Refer to our SEC filings for further discussion regarding our comparable sales calculation.

1– Results include company-operated stores in the U.S. and Canada and direct sales.
2 – Results include company-operated stores in the U.S., Canada, the U.K. (pre-joint venture) and Greater China and direct sales.

Spring Season