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Victoria’s Secret is dragging L Brands down

The Columbus Dispatch 05/04/2017

Victoria’s Secret reported a 12 percent decline in same-store sales in April. Bath & Body Works posted a 10 percent gain in same-store sales, but it was not enough to offset Victoria’s Secret performance, which dragged down parent company L Brands’ comps by five percent. The company’s share price fell four percent in trading yesterday.

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