Comparable Store Sales

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.