Company Earnings Update 2 minutesRegister for Free AccessL Brands (LB) 4Q16 Results: Beats Expectations, Comps Flat Coresight Research February 23, 2017 Executive Summary L Brands reported 4Q16 revenue of $4.5 billion, up 2.2% from last year’s $4.4 billion and beating the consensus estimate of $4.4 billion. Adjusted EPS was $2.03, beating the consensus estimate of $1.90. Total comps declined 9% for the quarter. Victoria’s Secret comps declined by 14% versus a 2% increase in the year-ago period, while Bath & Body Works comps increased by 2%, versus a 6% increase in the year-ago quarter. The company raised its FY17 guidance for EPS to $3.10–$3.40 from $3.05–$3.35 versus the $3.22 consensus estimate. L Brands expects 2Q17 EPS of $0.40–$0.45, slightly below the $0.46 consensus estimate. 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: The US Retail Media Market: Understanding the Ad Buyer’s Perspective in CPGFebruary 2023 US Retail Sales: Total Sales See Second Month of Strong ExpansionInflation and Interrupted Income—Could Consumers Still Pay the Bills?: US Consumer Survey InsightsHome Depot Investor and Analyst Conference 2023: Three Key Growth Opportunities