L Brands (LB) Tops Q1 EPS by 4c, Offers Q2 Guidance
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L Brands Reports Record First Quarter Earnings
May 19, 2021 4:15 PM EDTCOLUMBUS, Ohio, May 19, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today reported first quarter 2021 earnings results. Â
The company reported earnings per share of $0.97 for the first quarter ended May 1, 2021 compared to a loss per share of $1.07 for the first quarter ended May 2, 2020. First quarter operating income was $572.1 million compared to a loss of $317.7 million last year, and net income was $276.6 million compared to a loss of $296.9 million last year.
Reported results above include the following significant items:
In 2021, a $105.5 million ($0.28 per share)... More
