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United States

L Brands Inc (LB.N)

LB.N on New York Stock Exchange

39.65USD
22 Sep 2017
Change (% chg)

$2.77 (+7.51%)
Prev Close
$36.88
Open
$36.97
Day's High
$39.86
Day's Low
$36.88
Volume
1,779,819
Avg. Vol
990,641
52-wk High
$75.94
52-wk Low
$35.00

Latest Key Developments (Source: Significant Developments)

L Brands Q2 adjusted EPS $0.48 excluding items
Wednesday, 16 Aug 2017 04:30pm EDT 

Aug 16 (Reuters) - L Brands Inc ::L Brands reports second quarter earnings.Q2 adjusted earnings per share $0.48 excluding items.Q2 sales $2.755 billion versus I/B/E/S view $2.75 billion.Q2 same store sales fell 8 percent.Q2 earnings per share view $0.44 -- Thomson Reuters I/B/E/S.Sees FY 2017 earnings per share $3.00 to $3.20.Sees Q3 earnings per share $0.25 to $0.30.L Brands Inc - ‍Q2 comparable sales decline of 8 percent was below company's expectations​.Q3 earnings per share view $0.36 -- Thomson Reuters I/B/E/S.FY 2018 earnings per share view $3.23 -- Thomson Reuters I/B/E/S.L Brands Inc says for Q2, exit of swim & apparel categories hurt total comp sales by 6 percent pts and Victoria's Secret comp sales by 9 percent pts.  Full Article

L Brands says August sales rose 3 pct to $852.9 million
Thursday, 1 Sep 2016 07:15am EDT 

L Brands Inc : L Brands reports August 2016 sales . August sales rose 3 percent to $852.9 million . August same store sales rose 2 percent . Q3 earnings per share view $0.46, revenue view $2.54 billion -- Thomson Reuters I/B/E/S .August same store sales view up 0.3 percent -- Thomson Reuters data.  Full Article

L brands - President reports open market sale of 45,500 shares of co
Thursday, 25 Aug 2016 05:39pm EDT 

L Brands : President, L Brands International, Martin Waters reports open market sale of 45,500 shares of common stock on August 23 - sec filing . President, L Brands International, Martin Waters' open market sale of shares were sold at prices ranging from $77.39 to $77.74 Source: (http://bit.ly/2bDxe2U) Further company coverage: [LB.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

L brands reports Q2 earnings per share $0.87
Wednesday, 17 Aug 2016 04:15pm EDT 

L Brands Inc : L Brands reports second quarter 2016 earnings . Sees FY 2016 earnings per share $3.79 to $3.94 . Q2 adjusted earnings per share $0.70 excluding items . Q2 earnings per share $0.87 . Sees FY 2016 adjusted earnings per share $3.70 to $3.85 excluding items . Sees Q3 2016 earnings per share $0.40 to $0.45 . Q2 earnings per share view $0.59 -- Thomson Reuters I/B/E/S . Q2 revenue $2.89 billion versus I/B/E/S view $2.86 billion . Company reported a comparable sales increase of 3 percent for Q2 ended july 30, 2016 . Q3 earnings per share view $0.47 -- Thomson Reuters I/B/E/S .fy2016 earnings per share view $3.88 -- Thomson Reuters I/B/E/S.  Full Article

L brands says Nicholas Coe reported open market sale of 4,951 shares
Tuesday, 12 Jul 2016 05:36pm EDT 

L Brands Inc :Says Nicholas Coe, CEO-Bath And Body Works, reported open market sale of 4,951 shares of co's common stock at average price of $67.53per share on July 11.  Full Article

L Brands says June same store sales rose 6 pct
Thursday, 7 Jul 2016 07:15am EDT 

L Brands Inc : L Brands reports June 2016 sales . Comparable sales for five weeks ended July 2, 2016, increased 6 pct . June same store sales rose 6 pct . June sales rose 7 pct to $1.296 bln .June same store sales view up 2.1 pct - Thomson Reuters data.  Full Article

L Brands prices senior notes offering
Monday, 13 Jun 2016 04:24pm EDT 

L Brands : L brands offering of $700 million aggregate principal amount of unsecured senior notes due 2036 priced at 100% of aggregate principal amount with coupon of 6.750% . Intends to use proceeds from offering, partly, for redemption of its outstanding 6.900% notes due 2017 .L brands prices senior notes offering.  Full Article

L Brands announces $700 mln offering of senior notes
Monday, 13 Jun 2016 08:57am EDT 

L Brands Inc :L Brands announces proposed $700 million offering of senior notes due 2036.  Full Article

L Brands says sales rose 2 pct to $816.6 mln in May
Thursday, 2 Jun 2016 07:15am EDT 

L Brands Inc : L brands reports May 2016 sales . May sales rose 2 percent to $816.6 million . Comparable sales for four weeks ended May 28, 2016, were flat . Comparable sales for 17 weeks ended May 28, 2016, increased 2 pct . Net sales increased 2 pct to $816.6 million for four weeks ended May 28, 2016 .Reported net sales of $3.430 billion for 17 weeks ended May 28, 2016, an increase of 4 pct.  Full Article

Abercrombie & Fitch appoints new brand presidents
Monday, 23 May 2016 08:16am EDT 

Abercrombie & Fitch Co : Abercrombie & Fitch Co. Appoints new brand presidents . Kristin Scott has been appointed as brand president of Hollister Co . Stacia Andersen to lead Abercrombie & Fitch/Abercrombie Kids . Andersen was most recently senior vice president of merchandising of Target Corporation .Scott was most recently executive vice president, general merchandise manager at Victoria's Secret.  Full Article

BRIEF-L Brands authorizes $250 mln repurchase program

* L Brands- ‍Board authorized new $250 mln share repurchase program, which includes $10.3 mln remaining under its previous $250 mln share repurchase program​ Source text for Eikon: Further company coverage: