$LB (L Brands, Inc.)

$LB {{ '2016-02-25T14:31:42+0000' | timeago}} • Webcast

$LB said adjusted EPS increased 14% to $3.99 in 2015 versus last year. FX negatively impacted full-year 2015 results by about $0.13. Net sales increased 6% to $12.15Bil and comps increased 5%. The GM rate increased 80BP to 42.8% primarily driven by an increase in the merchandise margin rate.

$LB {{ '2017-07-06T12:15:33+0000' | timeago}} • Announcement

$LB net sales declined 6% to $1.213Bil for June 2017 compared to net sales of $1.296Bil for June 2016. Comparable sales for June 2017, fell 9%. For June 2017, the exit of swim and apparel categories had a negative impact of about 7 percentage points and 10 percentage points to the total company and Victoria’s Secret comparable sales, respectively.

$LB {{ '2017-06-01T12:38:50+0000' | timeago}} • Announcement

$LB reported net sales of $3.211Bil for the 17 weeks ended May 27, 2017, down 6% from $3.43Bil last year. Comparable sales for the 17 weeks ended May 27, 2017, decreased 9%. For 17-week ended May 27, 2017, exit of swim and apparel categories had a negative impact of 7 points and 10 points to total company and Victoria’s Secret comparable sales.

$LB {{ '2017-06-01T12:37:08+0000' | timeago}} • Announcement

$LB reported net sales for the month of May 2017 of $774.3MM, down 5% from $816.6MM in the previous year period. Comparable sales for the month of May decreased 7%. For May, the exit of the swim and apparel categories had a negative impact of 10 points and 14 points to total company and Victoria's Secret comparable sales.

$LB {{ '2017-05-19T13:44:24+0000' | timeago}} • Announcement

$LB's BoD declared a regular quarterly dividend of $0.60 per share. The dividend is payable on June 16, 2017 to shareholders of record on June 2, 2017.

$LB {{ '2017-05-18T14:11:17+0000' | timeago}} • Webcast

$LB saw significant margin improvement in the Beauty business in 1Q17 and it expects this to improve in 2Q17. The company saw good growth in the business online. There was some sales dollar pressure in the store channel which improved sequentially through 1Q17. The margin dollar results are outperforming sales.

$LB {{ '2017-05-18T13:54:20+0000' | timeago}} • Webcast

$LB said the performance for May to-date is in line with the company’s expectations at the beginning of the month which, reflecting the negative impact of the non-go-forward business, was to be down mid to high single digits and on a go-forward basis, there could be a slight increase in comps.

$LB {{ '2017-05-18T13:41:04+0000' | timeago}} • Webcast

$LB stated that the primary driver of the gross margin decline in 1Q17 was the buying and occupancy deleverage. There was also some decline in the merchandise margin rate. $LB believes that going forward, based on its inventory quality, it will see improvement in the merchandise margin rate trend in 2Q17.

$LB {{ '2017-05-18T13:34:34+0000' | timeago}} • Webcast

$LB's Bath& Body Works business did well in 1Q17 with positive comps and growth in operating income. The company opened its first two Victoria’s Secret stores in mainland China. $LB is bullish about growth opportunities in China and around the world and the company will build on its global footprint in 2017.

$LB {{ '2017-05-18T13:30:49+0000' | timeago}} • Webcast

$LB's earnings were down 9% in 1Q17, mostly driven by expense deleverage associated with increased occupancy costs as the company continues to invest in its brands. In the international business, $LB saw some challenges including softness in beauty, difficult market conditions in the Middle East and Turkey and FX pressure.

$LB {{ '2017-05-17T21:13:40+0000' | timeago}} • Infographic

$LB L Brands, Inc. Earnings AlphaGraphics: Q1 2017 highlights

$LB {{ '2017-05-17T20:51:38+0000' | timeago}} • Announcement

$LB increased its 2017 EPS guidance to the range of $3.10-3.40 from the previous forecast range of $3.05-3.35. For 2Q17, the company predicts EPS in the range of $0.40-0.45.

$LB {{ '2017-05-17T20:50:37+0000' | timeago}} • Announcement

$LB reported a drop in 1Q17 earnings due to lower sales. Net income fell to $94.05MM or $0.33 per share from $152.31MM or $0.52 per share last year. Sales declined to $2.44Bil from $2.61Bil. Comparable sales decreased 9%, due to the negative impact from the exit of the swim and apparel categories.

$LB {{ '2017-05-04T17:43:33+0000' | timeago}} • Announcement

$LB reported net sales for 1Q17 of $2.44Bil, down 7% from $2.61Bil last year. Comparable sales decreased 9%. For 1Q, the exit of the swim and apparel categories had a negative impact of 6 points and 9 points to total company and Victoria’s Secret comparable sales. $LB lifted 1Q17 EPS outlook to about $0.30 from $0.20-0.25.

$LB {{ '2017-05-04T17:41:21+0000' | timeago}} • Announcement

$LB reported net sales for the month of April 2017 of $719.6MM, down 2% from $737.5MM last year. Comparable sales decreased 5%. For April, the exit of the swim and apparel categories had a negative impact of 6 points and 10 points to total company and Victoria’s Secret comparable sales despite the positive impact from Easter holiday.

$LB {{ '2017-04-06T13:09:00+0000' | timeago}} • Announcement

$LB reported net sales for the 9 weeks ended April 1, 2017 of $1.717Bil, down 8% from last year. Comparable sales decreased 11%. For the 9-week period, the exit of the swim and apparel categories had a negative impact of 6 percentage points and 9 percentage points to total company and Victoria's Secret comparable sales.

$LB {{ '2017-04-06T13:07:38+0000' | timeago}} • Announcement

$LB reported net sales for the month of March 2017 of $951.4MM, down 7% from last year. Comparable sales fell 10% and were negatively impacted by the later Easter this year by about 2-3 points. For March, the exit of swim and apparel categories had negative impact of 7 points and 10 points to total company and Victoria's Secret comparable sales.

$LB {{ '2017-03-02T15:15:20+0000' | timeago}} • Announcement

$LB reported net sales for the month of February of $765.5MM, down 10% from $849.3MM last year. Comparable sales for the month decreased 13%. For February, the exit of the swim and apparel categories had a negative impact of 6 percentage points and 8 percentage points to total company and Victoria's Secret comparable sales.

$LB {{ '2017-02-23T15:22:24+0000' | timeago}} • Webcast

$LB stated that currency started impacting the company, largely the International segment beginning in 4Q14. This effect continued in 2015 and 2016, but moderated in back half of 2016. The company doesn't expect significant FX pressure in 2017.

$LB {{ '2017-02-23T14:41:31+0000' | timeago}} • Webcast

For 2017, $LB projects CapEx of about $850-900MM, down from its previous forecast of $1Bil. The company has reduced project counts and spending levels due to its current operating performance.

$LB {{ '2017-02-23T14:29:13+0000' | timeago}} • Webcast

$LB said that it is investing in White Barn remodels at Bath & Body Works and also in China. In early 2016, the company exited swim and apparel business in Victoria’s Secret to streamline the business, focus on core categories and accelerate growth. Beyond the short-term impacts, $LB expects to grow the annual operating income by 10%.

Recent Transcripts

GWW (W.W. Grainger, Inc.)
Wednesday, July 19 2017 - 3:00pm
EXPR (Express Inc.)
Thursday, June 1 2017 - 1:00pm
BIG (Big Lots Inc.)
Friday, May 26 2017 - 12:00pm
DLTR (Dollar Tree, Inc.)
Thursday, May 25 2017 - 1:00pm
GCO (Genesco Inc.)
Thursday, May 25 2017 - 12:30pm
TIF (Tiffany & Co.)
Wednesday, May 24 2017 - 12:30pm
TLYS (Tilly's, Inc.)
Tuesday, May 23 2017 - 8:30pm
DSW (DSW Inc.)
Tuesday, May 23 2017 - 12:30pm
FL (Foot Locker, Inc.)
Friday, May 19 2017 - 1:00pm
GPS (The Gap, Inc.)
Thursday, May 18 2017 - 9:00pm
LB (L Brands, Inc.)
Thursday, May 18 2017 - 1:15pm
SSI (Stage Stores Inc.)
Thursday, May 18 2017 - 12:30pm
PLCE (The Children's Place, Inc.)
Thursday, May 18 2017 - 12:00pm
TJX (The TJX Companies, Inc.)
Tuesday, May 16 2017 - 3:00pm
DKS (Dick's Sporting Goods Inc.)
Tuesday, May 16 2017 - 2:00pm
JWN (Nordstrom Inc)
Thursday, May 11 2017 - 8:45pm
AMH (American Homes 4 Rent)
Friday, May 5 2017 - 3:00pm
REV (Revlon, Inc.)
Friday, May 5 2017 - 1:30pm
GOOD (Gladstone Commercial Corp.)
Wednesday, May 3 2017 - 12:30pm
HBI (Hanesbrands Inc.)
Tuesday, May 2 2017 - 8:30pm

AlphaGraphics you may like