L Brands (LB) Reports In-Line Q3 EPS, Offers Q4 Guidance
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L Brands Reports Third Quarter 2019 Results
November 20, 2019 4:15 PM ESTÂ Â PROVIDES FOURTH QUARTER GUIDANCE
COLUMBUS, Ohio, Nov. 20, 2019 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today reported 2019 third quarter results.
Third Quarter ResultsThe company reported a loss per share of $0.91 for the third quarter ended Nov. 2, 2019, compared to a loss per share of $0.16 for the quarter ended Nov. 3, 2018. Third quarter operating loss was $151.2 million compared to operating income of $54.4 million last year, and net loss was $252.0 million compared to a net loss of $42.8 million last year.Â
Reported results above include the following significant items:
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