first quarter news and archive

L Brands sees net sales increase 8 percent during Q1 2018

London - L Brands, Inc reported its first-quarter results on Thursday, which saw the US company boost its top-line performance. The company reported net sales of 2.626 billion US dollars for the first quarter ended May 5, 2018, an 8 percent increase compared to sales of 2.437 billion US dollars for the quarter ended April 29, 2017, Comparable...

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Boohoo sees 41 percent jump in revenues during Q1

Online fashion retailer Boohoo.com has reported a 41 percent increase year on year in revenue for the three months ended May 31, 2016. During the first quarter of FY17, Boohoo.com reported a 42 percent increase in revenue from the UK to 37,396 pounds, it’s strongest region, supported by strong third party sales. "We are encouraged by our...