Piper Jaffray Cuts Price Target on L Brands (LB) to $93 as Guidance Misses the Mark
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L Brands Reports Record Fourth Quarter and Full-Year Earnings
February 24, 2016 4:30 PM ESTCOLUMBUS, Ohio, Feb. 24, 2016 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today reported record 2015 fourth quarter and full-year results.
Leslie H. Wexner, chairman and chief executive officer, commented, We delivered record results in a year when many retailers struggled. These results are a reflection of the strength of our brands and were driven by tremendous focus and execution across the enterprise. I am very optimistic heading into 2016 and confident in our growth opportunities.
Fourth Quarter... More
