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: US, UK, EU & China Quarterly Economic Update, 3Q23: Growth in the US, France and China as Possibility of German Recession LoomsWeekly US and UK Store Openings and Closures Tracker 2024, Week 26: UK Store Openings Up 20% Versus Last YearWeekly US and UK Store Openings and Closures Tracker 2024, Week 22: US Store Closures Up 19% Year Over YearWeekly US and UK Store Openings and Closures Tracker 2023, Week 5: US Openings Up 11%