L Brands (LB) Cuts Dividend In Half

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Go back to L Brands (LB) Cuts Dividend In Half

L Brands (LB) Names John Mehas CEO of Victoria's Secret Lingerie

November 19, 2018 4:35 PM EST

L Brands (NYSE: LB) announced today that John Mehas has been named CEO of Victorias Secret Lingerie, effective early 2019, replacing Jan Singer, who has resigned.

John is an outstanding retail merchant and we could not be more excited for him to lead Victorias Secret Lingerie to a new phase of... More

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

November 19, 2018 4:32 PM EST

L Brands (NYSE: LB) reported Q3 EPS of $0.16, $0.01 better than the analyst estimate of $0.15. Revenue for the quarter came in at $2.78 billion versus the consensus estimate of $2.71 billion.

L Brands also announced that after an extensive review, the Board of Directors plans to... More