L Brands (LB) Guides Q3 EPS to Low-End of Outlook; Comps Expected up 1%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
L Brands Reports Estimated October Comp and Updates Third Quarter Earnings Guidance in Advance of Investor Update Meeting
October 31, 2016 4:39 PM EDTCOLUMBUS, Ohio, Oct. 31, 2016 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today reported estimated October comparable sales and updated guidance for third quarter earnings. The company is making this updated information available in advance of its Investor Update Meeting on Nov. 1.
October comparable sales are expected to be up 1 percent, including an expected -2 percent comp at Victorias Secret, and 6 percent at Bath & Body Works.Â
The company now expects third quarter earnings per share to be about $0.40, versus its previous guidance of $0.40 to $0.45 and... More
