L Brands (LB) Declares $2.00 Special Dividend; 2.1% Yield
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February 4, 2016 7:40 AM EST
L Brands (NYSE: LB) declared a quarterly dividend of $0.60 per share, or $2.4 annualized. This is a 20% increase from the prior dividend of $0.50. The dividend will be payable on March 4, 2016, to stockholders of record on February 19, 2016, with an ex-dividend date of February 17, 2016. The annual yield on... More
February 4, 2016 7:19 AM EST
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%.
*** The Street was looking for Q4 sales of $4.37 billion.
Net sales for the year ended Jan. 30, 2016, were $12.154 billion, an increase of 6% compared to $11.454 billion for the year ended Jan. 31, 2015. Comparable store sales for the year ended Jan. 30, 2016, increased 5%.
*** The Street was looking for FY15 sales of $12.12... More
