L Brands Inc

NYSE:LB   3:59:59 PM EDT
+0.07 (+0.09%)
4:00:00 PM EDT: $77.55 +0.02 (+0.03%)
Share Repurchases, Positive Earnings Pre-Announcement

L Brands Sees Q2 Earnings Per Share $1.20 To $1.30

Published: 07/13/2021 21:26 GMT
L Brands Inc (LB) - Revenue for 9 Weeks Ended July 3, 2021 $2.351 Billion.
L Brands Reports Second Quarter-to-date 2021 Sales and Increases Second Quarter Earnings Guidance.
Sees Q2 Earnings per Share $1.20 to $1.30.
Q2 2020 Sales Were Negatively Impacted by Closure of Stores for Approximately Half Quarter Due to Covid-19 Pandemic.
Sales for First Nine Weeks of Q2 of 2021 Increased 12 Percent Compared to Sales of $2.101 Billion for Same Period of 2019.
Currently Expects to Report Q2 Earnings per Share Between $1.20 and $1.30.
Says Announced Go-forward Capital Structure for Standalone Bath & Body Works Business, Subsequent to Spin-off of Victoria's Secret & Co.
Bath & Body Works Net Sales Were $1.239 Billion for Nine-week Period Ended July 3, 2021.
Says Bath & Body Works Capital Structure Will Include Authorization of New $1.5 Billion Share Repurchase Program.
Q2 Earnings per Share View $1.02 -- Refinitiv Ibes Data (analyst estimates).
Further Company Coverage: .
Revenue is expected to be $3.39 Billion
Adjusted EPS is expected to be $1.19

Next Quarter Revenue Guidance is expected to be $2.96 Billion
Next Quarter EPS Guidance is expected to be $0.75

More details on our Analysts Page.