L Brands, Inc. NYSE:LB
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About L Brands, Inc.
Latest L Brands, Inc. news
L Brands revealed its holiday quarter’s earnings report last week that came out stronger than expected. The company recently announced that its Victoria’s Secret lingerie business is likely to go private in the upcoming months. The financial results failed to cast a strong impact on L Brands’ stock. Following weak sales during 2019’s holiday season, L brands had downwardly revised its earnings outlook for Q4. In terms of s...
L Brands, the parent company of world-renowned, Victoria’s Secret, announced a slump in its sales during the holiday season. Owing to the worse than expected holiday sales, the company has also cut its forecast for the fourth quarter. The American fashion retailer had previously excited the investors with a statement in September that highlighted an upcoming evolution in its lingerie brand that had remained under pressure in 2019. As per Th...
|Name||L Brands, Inc.|
|Exchange||New York Stock Exchange|
|Full time employees||25,500|