L Brands (LB) Declares $2.00 Special Dividend; 2.1% Yield
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L Brands Reports Record Fourth Quarter Sales
February 4, 2016 7:15 AM ESTRAISES FOURTH QUARTER EARNINGS GUIDANCE
INCREASES REGULAR DIVIDEND BY 20% Â
DECLARES $2.00 SPECIAL DIVIDEND
AUTHORIZES NEW $500 MILLION SHARE REPURCHASE PROGRAM
COLUMBUS, Ohio, Feb. 04, 2016 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) reported net sales for the fourth quarter ended Jan. 30, 2016, of $4.395 billion, an increase of 8% compared to $4.069 billion for the quarter ended Jan. 31, 2015. Comparable store sales for the fourth quarter ended Jan. 30, 2016, increased 6%.Â
Net sales for the year ended Jan. 30, 2016, were $12.154 billion, an increase of 6%... More
