Nomura Securities Remains Neutral on L Brands (LB) Following 3Q
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L Brands Reports Record Third Quarter 2015 Earnings
November 18, 2015 4:15 PM ESTCOLUMBUS, Ohio, Nov. 18, 2015 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today reported 2015 third quarter results.
Third Quarter ResultsEarnings per share for the third quarter ended Oct. 31, 2015, increased 25 percent to a record $0.55 compared to $0.44 for the quarter ended Nov. 1, 2014. Third quarter operating income increased 19 percent to $338.8 million compared to $284.1 million last year, and net income was $164.0 million compared to $131.8 million last year.Â
The company reported net sales of $2.482 billion for the quarter... More
