Edition:
United States

L Brands Inc (LB.N)

LB.N on New York Stock Exchange

35.69USD
15 Nov 2018
Change (% chg)

$-1.14 (-3.10%)
Prev Close
$36.83
Open
$36.04
Day's High
$36.04
Day's Low
$35.15
Volume
1,262,618
Avg. Vol
1,248,622
52-wk High
$63.10
52-wk Low
$25.89

Latest Key Developments (Source: Significant Developments)

L Brands Announces Closure Of Henri Bendel Stores, E-Commerce In 2019
Thursday, 13 Sep 2018 06:00pm EDT 

Sept 13 (Reuters) - L Brands Inc ::L BRANDS TAKES ACTION TO INCREASE SHAREHOLDER VALUE – ANNOUNCES 2019 CLOSURE OF HENRI BENDEL STORES AND HENRI BENDEL E-COMMERCE.L BRANDS INC - ALL STORES AND WEBSITE WILL REMAIN IN OPERATION THROUGH JANUARY 2019.L BRANDS INC - ANNOUNCES JANUARY 2019 CLOSING OF ALL 23 HENRI BENDEL STORES AND HENRI BENDEL E-COMMERCE WEBSITE.L BRANDS - ESTIMATES HENRI BENDEL 2018 REVENUE AND OPERATING LOSS, EXCLUDING CLOSING COSTS, TO BE ABOUT $85 MILLION AND $45 MILLION, RESPECTIVELY.L BRANDS INC - 23 HENRI BENDEL STORES INCLUDE COMPANY'S FIFTH AVENUE STORE AS WELL AS SMALLER-FORMAT STORES IN 11 STATES.L BRANDS - WHEN ASSOCIATES' POSITIONS ARE ELIMINATED, THEY WILL BE INVITED TO INTERVIEW FOR OPEN POSITIONS WITHIN OR WILL BE OFFERED SEPARATION PAY.L BRANDS INC - CO IS IN PROCESS OF ESTIMATING COSTS ASSOCIATED WITH CLOSING HENRI BENDEL BUSINESS.  Full Article

L Brands Reports August 2018 Same Store Sales Rose 1 Pct
Thursday, 6 Sep 2018 07:15am EDT 

Sept 6 (Reuters) - L Brands Inc ::L BRANDS REPORTS AUGUST 2018 SALES.AUGUST SALES $856.3 MILLION VERSUS $842.1 MILLION.AUGUST SAME STORE SALES ROSE 1 PERCENT.  Full Article

L Brands Reports February 2018 Sales $853.9 Mln Vs. $765.5 Mln
Thursday, 8 Mar 2018 07:15am EST 

March 8 (Reuters) - L Brands Inc ::L BRANDS REPORTS FEBRUARY 2018 SALES.FEBRUARY SALES $853.9 MILLION VERSUS $765.5 MILLION.FEBRUARY SAME STORE SALES ROSE 3 PERCENT.HAS AUTHORIZED A NEW $250 MILLION SHARE REPURCHASE PROGRAM.L BRANDS - NEW SHARE REPURCHASE PROGRAM INCLUDES REMAINING $23.1 MILLION OUTSTANDING UNDER PREVIOUS PROGRAM.  Full Article

L Brands Reports January 2018 Sales $1.04 Bln Vs $805.2 Mln
Thursday, 8 Feb 2018 07:15am EST 

Feb 8 (Reuters) - L Brands Inc ::L BRANDS REPORTS JANUARY 2018 SALES AND UPDATES FOURTH QUARTER EARNINGS GUIDANCE.JANUARY SALES $1.04 BILLION VERSUS $805.2 MILLION.Q4 SALES $4.823 BILLION VERSUS $4.489 BILLION.JANUARY SAME STORE SALES ROSE 7 PERCENT.SEES Q4 EARNINGS PER SHARE ABOUT $2.05 EXCLUDING ITEMS.L BRANDS - COMPARABLE SALES FOR 14-WEEK Q4 ENDED FEB. 3, INCREASED 2 PERCENT COMPARED TO 14 WEEKS ENDED FEB. 4, 2017.Q4 EARNINGS PER SHARE VIEW $2.01, REVENUE VIEW $4.72 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

L Brands Says Co Issued Notice Of Redemption For $500 Mln Aggregate Principal Amount Outstanding Of Its 8.500 Pct Senior Notes Due 2019
Monday, 8 Jan 2018 05:37pm EST 

Jan 8 (Reuters) - L Brands Inc ::L BRANDS - ‍ON JAN 3, CO ISSUED NOTICE OF REDEMPTION FOR $500 MILLION AGGREGATE PRINCIPAL AMOUNT OUTSTANDING OF ITS 8.500 PCT SENIOR NOTES DUE 2019.L BRANDS SAYS ‍REDEMPTION DATE FOR 2019 NOTES WILL BE FEBRUARY 2, 2018 - SEC FILING​.  Full Article

L Brands Prices Senior Notes Offering
Monday, 8 Jan 2018 04:51pm EST 

Jan 8 (Reuters) - L Brands Inc ::L BRANDS - ‍OFFERING OF $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF UNSECURED SENIOR NOTES DUE 2028 PRICED AT 100.000% OF AGGREGATE PRINCIPAL AMOUNT.L BRANDS PRICES SENIOR NOTES OFFERING.  Full Article

L Brands Announces Proposed $500 Mln Offering Of Senior Notes Due 2028
Monday, 8 Jan 2018 09:12am EST 

Jan 8 (Reuters) - L Brands Inc ::L BRANDS INC - ‍INTENDS TO USE PROCEEDS FROM OFFERING WITH CASH ON HAND, FOR REDEMPTION OF OUTSTANDING 8.500% SENIOR NOTES DUE 2019​.L BRANDS ANNOUNCES PROPOSED $500 MILLION OFFERING OF SENIOR NOTES DUE 2028.  Full Article

L Brands Reports December 2017 Sales And Updates Fourth Quarter Earnings Guidance
Thursday, 4 Jan 2018 07:15am EST 

Jan 4 (Reuters) - L Brands Inc ::L BRANDS REPORTS DECEMBER 2017 SALES AND UPDATES FOURTH QUARTER EARNINGS GUIDANCE.DECEMBER SALES ROSE 3 PERCENT TO $2.516 BILLION.DECEMBER SAME STORE SALES ROSE 1 PERCENT.SEES Q4 EARNINGS PER SHARE ABOUT $2.00 EXCLUDING ITEMS.- REPORTED NET SALES OF $2.516 BILLION FOR FIVE WEEKS ENDED DEC. 30, 2017, AN INCREASE OF 3 PERCENT.Q4 EARNINGS PER SHARE VIEW $2.05 -- THOMSON REUTERS I/B/E/S.  Full Article

L Brands Reports November 2017 Sales
Thursday, 30 Nov 2017 07:15am EST 

L Brands Inc ::L BRANDS REPORTS NOVEMBER 2017 SALES.NOVEMBER SALES ROSE 2 PERCENT TO $1.267 BILLION.NOVEMBER SAME STORE SALES FELL 1 PERCENT.L BRANDS-EXIT OF SWIM & APPAREL CATEGORIES HAD NEGATIVE IMPACT OF ABOUT 1 PERCENTAGE POINT FOR TOTAL CO, VICTORIA'S SECRET COMPARABLE SALES IN NOV.  Full Article

L Brands director‍​ David Kollat reports open market purchase of 9,910 shares
Tuesday, 21 Nov 2017 04:41pm EST 

Nov 21 (Reuters) - L Brands Inc :L Brands says director‍​ David Kollat reports open market purchase of 9,910 shares of co's common stock at average price of $50.34 per share on Nov 20 - SEC filing.  Full Article

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Victoria's Secret CEO to step down: WSJ

Victoria's Secret Lingerie Chief Executive Officer Jan Singer is leaving the company a little over two years after she took the job, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.