Company Earnings Update 4 minutesRegister for Free AccessL Brands (NYSE: LB) 2Q19: Victoria’s Secret Still a Drag on Earnings but Early Read on Swim is Positive Coresight Research August 22, 2019 Executive Summary L Brands 2Q19 revenues were $2.90 billion, down 2.8% year over year and lower than the consensus estimate of $2.95 billion. The company reported 2Q19 adjusted earnings per share (EPS) of $0.24, higher than the consensus estimate of $0.20 and lower than the year ago period. Comparable sales were down 1% compared to a 3% increase last year and below theconsensus estimate of a 0.2% rise. The company issued EPS 3Q19 guidance of ($0.05)-$0.05 compared to the consensus estimate of $0.08. The company expects 3Q19 comps to be down low single digits to up slightly and full year comps to be up low single digits. The company reiterated adjusted full-year EPS guidance of $2.30-2.60 compared to the consensus estimate of $2.46. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Generative AI Latest: New Funding, Infrastructure and Applications, Plus Google’s Recent Product Launches and Tech Partnerships3Q22 US Retail Inventory Tracker: Most Retailers See Inventory Growth SlowWeekly US and UK Store Openings and Closures Tracker 2023, Week 25: UK Store Openings Cross 1,000Consumer Activity Declines While Shopping Stays Steady: US Consumer Tracker 2023, Week 35