Victoria's Secret owner L Brands shows key sales metric up 5 pct. in June; misses expectations

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COLUMBUS, Ohio — L Producers Inc., the owner of Victoria's Secret combined with Bath & Body Works, had said Thursday that sales at jewelry stores open at least a year rose 5 percent in June from the actual month a year ago.

That was below the various. 1 percent rise Wall Street analysts awaited, according to Thomson Reuters.

Its gives you fell more than 5 percent in premarket trading.

Sales at stores unblocked at least a year is a closely-watched sensing unit of a retailer's health. It excludes the potentially distorting effect of marketing at stores recently opened as closed.

The Columbus, Ohio, vendor} said total sales in the some weeks that ended July two rose 6. 8 percent across $1. 176 billion, compared with $1. 101 billion in the same interval a year ago.

L Brands operates 5, 936 stores around the world, including sexy lingerie retailer La Senza and high end specialty store Henri Bendel.

Their shares dropped $3. 38, as 5. 5 percent, to $58. 51 in premarket trading about an hour associated with market opening.

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