L Brands (LB) Declares $0.60 Quarterly Dividend; 4.1% Yield
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L Brands Reports January and Fourth Quarter Sales
February 2, 2017 7:15 AM ESTÂ UPDATES FOURTH QUARTER EARNINGS GUIDANCEÂ Â
 DECLARES REGULAR DIVIDEND Â
 AUTHORIZES NEW $250 MILLION SHARE REPURCHASE PROGRAMÂ
COLUMBUS, Ohio, Feb. 02, 2017 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) reported net sales for the four-week period ended Jan. 28, 2017, were $805.2 million, a decrease of 1 percent compared to sales of $811.3 million for the four-week period ended Jan. 30, 2016. Comparable sales for the four weeks ended Jan. 28, 2017, decreased 4 percent. For January, the exit of the swim and apparel categories had a negative impact of 5... More
