L Brands (LB) Tops Q3 EPS by 1c, Raises Q4 EPS Guidance; Cuts Dividend in Half, Names John Mehas VS CEO

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Go back to L Brands (LB) Tops Q3 EPS by 1c, Raises Q4 EPS Guidance; Cuts Dividend in Half, Names John Mehas VS CEO

L Brands Reports Third Quarter 2018 Results

November 19, 2018 4:30 PM EST

 PROVIDES FOURTH QUARTER GUIDANCE

 PLANS TO REDUCE 2019 ANNUAL DIVIDEND TO $1.20 PER SHARE

 ANNOUNCES VICTORIAS SECRET LINGERIE LEADERSHIP CHANGE

COLUMBUS, Ohio, Nov. 19, 2018 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today reported 2018 third quarter results.

Third Quarter ResultsThe company reported a loss per share of $0.16 for the third quarter ended Nov. 3, 2018, compared to earnings per share of $0.30 for the quarter ended Oct. 28, 2017.  Third quarter operating income was $54.4 million compared to $231.7 million last year, and net loss was $42.8... More