Recap: L Brands Q3 Earnings

Loading...
Loading...

Shares of L Brands LB fell 5.68% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 5550.00% over the past year to $1.13, which beat the estimate of $0.09.

Revenue of $3,055,000,000 rose by 14.12% from the same period last year, which beat the estimate of $2,670,000,000.

Looking Ahead

L Brands hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Price Action

Company's 52-week high was at $35.60

Company's 52-week low was at $8.00

Price action over last quarter: Up 14.81%

Company Profile

L Brands is a women's intimate, personal-care, and beauty retailer operating under the Victoria's Secret, Pink, and Bath & Body Works brands. The company generates the majority of its business in North America, with about 5% of sales coming from international markets in fiscal 2019. Distribution channels include more than 2,700 stores and online, which represented about 20% of total sales in 2019. The company still plans to break Bath & Body Works into a stand-alone business, but the timing and process of such a transaction has yet to be offered.

Posted In: Earnings
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...