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Comparable Store Sales

Fall Season

Spring Season
Division Feb Mar Apr Qtr1 May Jun Jul Qtr2
L Brands2
2020 - - - 4%       63%
2019 - - - 0% - - - (1%)
2018 3% 4% 0% 3% 5% 3% 0% 3%
2017 (13%) (10%) (5%) (9%) (7%) (9%) (7%) (8%)
2016 5% 3% 1% 3% 0% 6% 2% 3%
2015 4% 7% (2%) 3% 4% 2% 3% 3%
2014 2% (1%) 8% 2% 3% 2% 6% 3%
2013 3% 3% 2% 3% 3% 0% 3% 2%
2012 8% 8% 6% 7% 6% 7% 12% 8%
Victoria's Secret 1
2020 - - - (13%)       28%
2019 - - - 5% - - - (6%)
2018 2% 1% (2%) 1% 2% (1%) (4%) (1%)
2017 (16%) (13%) (12%) (14%) (14%) (17%) (10%) (14%)
2016 4% 2% (1%) 2% (1%) 6% 0% 2%
2015 4% 6% (3%) 3% 3% 0%1 1%1 1%1
2014 2% (1%) 8% 2% 2% 3% 5% 3%
2013 5% 2% 2% 3% 4% (1%) 2% 1%
2012 10% 10% 8% 9% 9% 11% 12% 10%
Bath & Body Works1
2020 - - - 41%       123%
2019 - - - 13% - - - 8%
2018 7% 10% 6% 8% 10% 10% 10% 10%
2017 (4%) 0% 10% 2% 6% 8% 1% 6%
2016 7% 5% 5% 6% 3% 7% 6% 5%
2015 5% 9% 0% 5% 6% 7%1 5%1 6%1
2014 1% (2%) 8% 2% 5% 1% 7% 4%
2013 0% 4% 4% 3% 3% 2% 6% 3%
2012 7% 6% 4% 6% 7% 2% 17% 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-owned stores in the U.S. and Canada and direct sales.
2 – Results include company-owned stores in the U.S., Canada, the U.K. and Greater China and direct sales.

Fall Season