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L Brands Inc (LB.N)

LB.N on New York Stock Exchange

30.37USD
21 Sep 2018
Change (% chg)

$0.49 (+1.64%)
Prev Close
$29.88
Open
$30.00
Day's High
$30.64
Day's Low
$29.97
Volume
4,135,299
Avg. Vol
1,212,687
52-wk High
$63.10
52-wk Low
$25.89

Latest Key Developments (Source: Significant Developments)

L Brands Says Reduction In Earnings Forecast Driven By Deceleration In Pink
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - L Brands Inc ::L Brands Inc - REDUCING EARNINGS FORECAST FOR THE YEAR, PRINCIPALLY DRIVEN BY A DECELERATION IN PINK - CONF CALL.L Brands Inc - ALTHOUGH WE HAVE SEEN BENEFITS FROM SPORT BRAS AND APPAREL AND OUTERWEAR, THE LOUNGE FLEECE BUSINESS HAS BEEN PARTICULARLY SOFT.L Brands Inc EXEC - WE HAVE MORE TO DO TO DELIVER LONG-TERM GROWTH AND PROFITABILITY, WE SEE SIGNS OF PROGRESS IN ILLUSION AND IT'S MARGIN ACCRETIVE.  Full Article

L Brands Sets Regular Quarterly Dividend Of $0.60 Per Share
Friday, 10 Aug 2018 

Aug 10 (Reuters) - L Brands Inc ::SETS REGULAR QUARTERLY DIVIDEND OF $0.60PER SHARE.  Full Article

L Brands Quarterly Same Store Sales Rose 3 Percent
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - L Brands Inc ::L BRANDS REPORTS JULY 2018 SALES AND UPDATES SECOND QUARTER EARNINGS GUIDANCE.JULY SALES $849.7 MILLION VERSUS $767.7 MILLION.QUARTERLY SALES $2.984 BILLION VERSUS $2.755 BILLION.QUARTERLY SAME STORE SALES ROSE 3 PERCENT.EXPECTS TO REPORT Q2 EARNINGS PER SHARE TOWARD HIGH END OF ITS PREVIOUS GUIDANCE RANGE OF $0.30 TO $0.35 PER SHARE.COMPARABLE SALES FOR 13 WEEKS ENDED AUG. 4, 2018, INCREASED 3 PERCENT COMPARED TO 13 WEEKS ENDED AUG. 5, 2017.COMPARABLE SALES FOR FOUR WEEKS ENDED AUG. 4, 2018, WERE FLAT.Q2 EARNINGS PER SHARE VIEW $0.32 -- THOMSON REUTERS I/B/E/S.  Full Article

Alliance Data's Card Services Business Extends Agreement With Victoria's Secret
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Alliance Data Systems Corp ::ALLIANCE DATA'S CARD SERVICES BUSINESS EXTENDS AGREEMENT WITH LONG-TERM BRAND PARTNER VICTORIA'S SECRET, PART OF L BRANDS AND A TOP-FIVE ALLIANCE DATA CLIENT.ALLIANCE DATA SYSTEMS CORP - CO'S COLUMBUS, OHIO-BASED CARD SERVICES BUSINESS SIGNED A LONG-TERM RENEWAL AGREEMENT WITH VICTORIA'S SECRET.  Full Article

L Brands Reports June 2018 Sales
Thursday, 12 Jul 2018 

July 12 (Reuters) - L Brands Inc ::L BRANDS REPORTS JUNE 2018 SALES.JUNE SAME STORE SALES ROSE 3 PERCENT.JUNE SALES ROSE 6 PERCENT TO $1.282 BILLION.  Full Article

L Brands Reports March 2018 Sales
Thursday, 12 Apr 2018 

April 12 (Reuters) - L Brands Inc ::L BRANDS REPORTS MARCH 2018 SALES.MARCH SAME STORE SALES ROSE 4 PERCENT.MARCH SALES ROSE 7 PERCENT TO $1.02 BILLION.NET SALES OF $1.874 BILLION FOR NINE WEEKS ENDED APRIL 7, 2018, AN INCREASE OF 9 PERCENT.COMPARABLE SALES FOR NINE WEEKS ENDED APRIL 7, 2018, INCREASED 3 PERCENT.  Full Article

L Brands Says CEO Leslie Wexner's Total FY 2017 Compensation Was $5.7 Mln
Thursday, 5 Apr 2018 

April 5 (Reuters) - L Brands Inc ::L BRANDS SAYS CEO LESLIE WEXNER'S TOTAL FY 2017 COMPENSATION WAS $5.7 MILLION - SEC FILING.L BRANDS SAYS CEO LESLIE WEXNER'S TOTAL FY 2016 COMPENSATION WAS $14.8 MILLION WHICH INCLUDED $7.2 MILLION IN STOCK AWARDS.  Full Article

L Brands Says Co Issued Notice Of Redemption For $500 Mln Aggregate Principal Amount Outstanding Of Its 8.500 Pct Senior Notes Due 2019
Monday, 8 Jan 2018 

Jan 8 (Reuters) - L Brands Inc ::L BRANDS - ‍ON JAN 3, CO ISSUED NOTICE OF REDEMPTION FOR $500 MILLION AGGREGATE PRINCIPAL AMOUNT OUTSTANDING OF ITS 8.500 PCT SENIOR NOTES DUE 2019.L BRANDS SAYS ‍REDEMPTION DATE FOR 2019 NOTES WILL BE FEBRUARY 2, 2018 - SEC FILING​.  Full Article

L Brands Prices Senior Notes Offering
Monday, 8 Jan 2018 

Jan 8 (Reuters) - L Brands Inc ::L BRANDS - ‍OFFERING OF $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF UNSECURED SENIOR NOTES DUE 2028 PRICED AT 100.000% OF AGGREGATE PRINCIPAL AMOUNT.L BRANDS PRICES SENIOR NOTES OFFERING.  Full Article

L Brands Announces Proposed $500 Mln Offering Of Senior Notes Due 2028
Monday, 8 Jan 2018 

Jan 8 (Reuters) - L Brands Inc ::L BRANDS INC - ‍INTENDS TO USE PROCEEDS FROM OFFERING WITH CASH ON HAND, FOR REDEMPTION OF OUTSTANDING 8.500% SENIOR NOTES DUE 2019​.L BRANDS ANNOUNCES PROPOSED $500 MILLION OFFERING OF SENIOR NOTES DUE 2028.  Full Article

US STOCKS-Wall St falls as Trump greenlights China tariffs

* NiSource slides on link to Boston suburbs gas blast (Changes quotes, updates to early afternoon)