How Does L Brands' Second Quarter Report Impact The Stock?
Options Calling • Yesterday, 12:26 AM
- The operating income for the retail company increased by 5% to $375.9 million in this quarter.
- The earnings per share were $0.63 and last year for the same quarter EPS were reported as $0.61.
- It is expected that L Brands revenue growth will stay two percentage points ahead of comparable sales growth.
- Due to the major expansion plans both on the domestic as well as international scale, the share price for L Brands is expected to rise.