bath and body works news and archive

L Brands reports wider Q1 loss, sales decline

L Brands, Inc. reported net sales of 1.654 billion dollars for the first quarter ended May 2, 2020 compared to 2.629 billion dollars for the quarter ended May 4, 2019. The company said in a statement that loss per share was 1.07 dollars compared to earnings per share of 14 cents for the same quarter last year, while operating loss was 317.7...

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L Brands shows positive results for March for fashion retailers

After a report surfaced, March proved to be a good month for Victoria’s Secret, PINK, and Bath & Body Works. According to sales results from L Brands, parent company of the three retailers, profits increased over the last month beating out estimates. Originally, Retail Metrics analysts had an estimate of an increase in sales by 1.9 for L Brands,...