L Brands (LB) Tops Q3 EPS by $1.04

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Go back to L Brands (LB) Tops Q3 EPS by $1.04

L Brands Reports Record Third Quarter 2020 Results

November 18, 2020 4:30 PM EST

COLUMBUS, Ohio, Nov. 18, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today reported 2020 third quarter results.

Third Quarter ResultsThe company reported earnings per share of $1.17 for the third quarter ended Oct. 31, 2020, compared to a loss per share of $0.91 for the quarter ended Nov. 2, 2019. Third quarter operating income was $580.6 million compared to an operating loss of $151.2 million last year, and net income was $330.6 million compared to a net loss of $252.0 million last year.

Reported results above include the following significant items:

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