L Brands Reports Estimated October Comp and Raises Third Quarter Earnings Guidance in Advance of Investor Update Meeting

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Go back to L Brands Reports Estimated October Comp and Raises Third Quarter Earnings Guidance in Advance of Investor Update Meeting

L Brands (LB) Reports a Solid October Comp Beat Ahead of Analyst Day; Mizuho Securities Reiterates Buy

November 3, 2015 10:41 AM EST

Mizuho Securities reiterated a Buy rating and $100.00 price target on L Brands (NYSE: LB) following the company's October comp beat. LB reported October comps of +5% vs. +6% LY, ahead of consensus +4%. In the face of solid October comps, the company raised 3Q EPS guidance to... More

L Brands (LB) Sees Oct. Comps up 5%; Boosts Q3 EPS View

November 2, 2015 5:23 PM EST

L Brands (NYSE: LB) reported estimated October comparable store sales and raised guidance for third quarter earnings. The company is making this updated information available in advance of its previously announced Investor Update Meeting on Nov. 3.

October comparable store sales are expected to be up 5%,... More