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L Brands June sales rise but at slower pace than in May; stock falls

Market Watch

Shares of L Brands Inc. LB, -12.05% fell 2.6% in premarket trade, after the Victoria's Secret and Bath & Body Works parent reported June same-stores sales rose 3% from a year ago, after a 5% increase in May. Total sales for the five weeks ended July 7 increased 6% to $1.28 billion, after a 10% increase