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home / news releases / LB - L Brands: The Good News Just Keeps Coming

LB - L Brands: The Good News Just Keeps Coming

L Brands Inc.
  • Company raised Q2 EPS guidance to $1.20-1.30 from $0.80-1.00 and street estimates of $1.01.
  • Announced fantastic sales growth at Bath & Body Works and decent growth at Victoria's Secret versus Q2 2019.
  • Announced capital structures for the two soon to be separated divisions.
  • Announced new $1.5 billion share buyback authorization.
  • Announced 10mm share buyback from retiring CEO/founder.

For further details see:

L Brands: The Good News Just Keeps Coming
Stock Information
Company Name: L Brands Inc.
Stock Symbol: LB
Market: NYSE
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