Shares of L Brands, Inc. (LB) were up nearly 2% on Friday, as the company continues to benefit from its upbeat earnings report and speculation that the stock may be headed for a comeback.

Best known for its Victoria’s Secret segment, L Brands also has other recognizable brands under its name, including Bath & Body Works, La Senza and Henri Bendel. Founded more than 50 years ago, the brand has thus far had a sterling record for growth. Earlier in the year, L Brands’ weak earnings guidance and internal structuring weighed on share prices.

On top of weak earnings guidance, the company also warned that pressure from foreign exchange rates would have a negative impact on results. It would be further hurt by interest expenses related to a $1 billion note issuance in October 2015.

In early October, shares for the company rebounded after L Brands posted higher sales and revenue for September. Comparable-store sales growth topped analysts’ estimates, and revenue came in higher than expected.

Same-store sales were up  3% year-over-year. Wall Street was looking for 1% growth, according to CNBC. L Brands had initially projected flat growth for the period.

Revenue was up 6% year-over-year, climbing to $971.4 million.

For the month of October, L Brands expects same-store sales to increase in the low single-digit range.

September’s results were a bright spot for the company, and with sales showing signs of improvement, the stock may be poised for a comeback.

L Brands has approximately 3,000 domestic stores, and about 1,000 stores in the international market. International sales last year accounted for about 11% of its total revenue.

While the company’s iconic brand Victoria’s Secret is still a leader in the intimate apparel industry, it is facing increased competition from American Eagle, Gilly Hicks and Abercrombie.

Still, Victoria’s Secret remains the #1 lingerie brand, owning the #1 dollar share for panties and bras. PINK, a subset of Victoria’s Secret, is a leading collegiate brand, and sales have more than doubled in the last five years.