Company Earnings Update 3 minutesRegister for Free AccessL Brands (NYSE: LB) 4Q18 Results: Mixed Results, Victoria’s Secret to Close 53 Stores in 2019 Coresight Research March 1, 2019 Executive Summary L Brands 4Q18 revenues were $4.85 billion, up 0.6% year over year and lower than the consensus estimate of $4.91 billion. The company reported 4Q18 adjusted EPS of $2.14, higher than the consensus estimate of $2.08. Comparable sales increased 3% for the 13-week quarter. By brand, Victoria’s Secret comparable sales decreased 3% in the fourth quarter, compared to a 1% decrease in the fourth quarter in the year ago period. Bath & Body Works comparable sales for stores and direct sales increased 12% in the quarter, compared to a 6% increase in the year ago period. The company expects 2019 full-year earnings per share (EPS) to be $2.20-2.60, including breakeven EPS in 1Q19. 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: Coresight Bites: How US Consumers Spent in 2022—Pandemic-Fueled Imbalance Is Yet To Be CorrectedDigital Merchandising Strategies: The Power of Automation and 3D Product Imagery in RetailGenerative AI Latest: The Copilots Are Now Flying the PlanePrecision Pricing in Retail: AI-Driven Pricing Decisions for 2024 and Beyond