UPDATE: L Brands (LB) Tops Q2 EPS by 4c, FY & Q3 EPS Guidance Misses Views
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L Brands Reports Second Quarter Earnings
August 16, 2017 4:30 PM EDTCOLUMBUS, Ohio, Aug. 16, 2017 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today reported second quarter earnings results.
Earnings per share for the second quarter ended July 29, 2017, were $0.48 compared to $0.87 for the quarter ended July 30, 2016. Second quarter operating income was $300.9 million compared to $408.2 million last year, and net income was $138.9 million compared to $252.4 million last year.
The reported results above include certain significant items as detailed below:
In 2016: A pre-tax gain of $108.3 million ($0.24 per share) related to a cash... More