L Brands (LB) Q3 EPS Guidance Tops Estimates

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L Brands Reports October 2018 Sales; Updates Third Quarter Earnings Guidance

November 8, 2018 7:15 AM EST

Declares December 2018 Dividend

COLUMBUS, Ohio, Nov. 08, 2018 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) reported net sales of $860.5 million for the four weeks ended Nov. 3, 2018, an increase of 8 percent, compared to net sales of $794.1 million for the four weeks ended Oct. 28, 2017.  Comparable sales increased 4 percent for the four weeks ended Nov. 3, 2018 compared to Nov. 4, 2017.  

The company reported net sales of $2.775 billion for the 13 weeks ended Nov. 3, 2018, an increase of 6 percent, compared to net sales of $2.618 billion for the 13 weeks ended Oct. 28, 2017.  Comparable sales increased 4 percent for the... More