CSIMarket
Company Name or Ticker Symbol
Search for other Categories
 
     
L Brands, Inc.  (LB)
Other Ticker:  
 
    Sector  Retail    Industry Retail Apparel
 
 

EARNINGS REPORT by CSIMarket

Significant EPS Decline, Revenues Down


decrease font size NEWS BETA Increase font size

L Brands, Inc announced first quarter 2017 operating income of $209 millions, company raises it's earnings guidance.



For the first quarter 2017 L Brands, Inc income dropped by -36.54 % of $0.33 per share compare to $0.52 a year ago and eps dropped by -84.79 % from $2.17 per share from the previous quarter.

Sales declined by -6.77 % to $2.44 billions from $2.61 billions in the same quarter a year ago and sequentially Sales Tumbled by -45.71 % from $4.49 billions.


Sales fell at Victorias Secret Direct -3.4%, Bath or Body Works -8.67%, Other -16.44%, while revenue growth was achieved at Victorias Secret Stores +5.43%, Victorias Secret +3.5%.
Profits improved in following segments: Other 626.21%. Net income of $94 millions in the first quarter 2017 fell by -38.16 % from $152 millions in the corresponding period a year before. Looking further into first quarter 2017 L Brands, Inc's profitability, operating margin mitigated to 8.58%, and net margin shrank to 3.86%. Company said it sees now it's eps between $3.58 and $3.73, an improvement by $0.06 compare to previous guidance.

Analysing further company's results, an astounding rise of 765.38% in La Senza Stores to 1,575.00 thousands explains the first quarter 2017 performance.
Other gains in Victorias Secret Square feet 4.26 %, were worth mentioning.
While following indicators decreased: Bath & Body Works Square feet down -2.2 %, Victorias Secret Stores down -0.27 %.
While following 6 indicators decreased catastrofaly: Bath & Body Works Sales per Avg. Square foot -38.49 %, Bath & Body Works Sales per Avg. Store -19.2 %, Bath & Body Works Stores -91.83 %. Worst was: Bath & Body Works Stores.
Stocks
Economy
Industries
Other LB's Earnings Reports

L Brands reported forth quarter 2016 earnings

L Brands reported third quarter 2016 earnings

L Brands reported second quarter 2016 earnings



CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.  Free Stock Market News Feeds
   Copyright © 2017 CSIMarket, Inc. All rights reserved. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)
Intraday Data provided by Barchart and subject to terms of use. To view Intraday Stock Data Java must be installed. Java content may be prohibited by the security software, to see the stock quotes, choose "allow content from this page" option. Stock Price, historical and current end-of-day data provided by eoddata. Intraday data delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Barchart and Eoddata. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com