Company Earnings UpdateL 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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: UK Store Tracker Extra: 2025 Store Openings and Closures Review and 2026 Outlook—Data Graphic3Q24 US Retail Inventory Insights: Apparel, Off-Price and Warehouse Club Retailers Expand Inventories for the HolidaysThree Data Points We’re Watching This Week, Week 31: US Consumer Sentiment, AI Investments and Canada StoresTaking the Temperature on Tariffs Ahead of August 1: How Are Different Consumer Groups Reacting? US Consumer Survey Insights Extra
