Entering text into the input field will update the search result below

L Brands (LB) Q4 2017 Results - Earnings Call Transcript

Mar. 01, 2018 2:49 PM ETBath & Body Works, Inc. (BBWI)2 Comments
SA Transcripts profile picture
SA Transcripts

L Brands, Inc. (LB) Q4 2017 Earnings Call March 1, 2018 9:00 AM ET


Amie Preston - L Brands, Inc.

Stuart B. Burgdoerfer - L Brands, Inc.

Denise Landman - Victoria's Secret Stores LLC

Jan Singer - Victoria's Secret Stores LLC

Greg Unis - Victoria's Secret Stores LLC

Andrew Meslow - Bath & Body Works LLC

Martin Waters - L Brands, Inc.


Brian Jay Tunick - RBC Capital Markets LLC

Omar Saad - Evercore ISI Group

Kimberly Conroy Greenberger - Morgan Stanley & Co. LLC

Gabriella Carbone - Deutsche Bank Securities, Inc.

Samantha Lanman - Oppenheimer & Co., Inc.

Paul Lejuez - Citigroup Global Markets, Inc.

Adrienne Yih - Wolfe Research LLC

Dana Lauren Telsey - Telsey Advisory Group LLC

Kara Szafraniec - Northcoast Research Partners LLC

Mark R. Altschwager - Robert W. Baird & Co. Inc.

Chethan Bhaskaran Mallela - Barclays Capital, Inc.

Ike Boruchow - Wells Fargo Securities LLC

Oliver Chen - Cowen & Co. LLC

Janet J. Kloppenburg - JJK Research

Roxanne Meyer - MKM Partners LLC


Good morning. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the L Brands Fourth Quarter 2017 Earnings Conference Call.

I will now turn the call over to Ms. Amie Preston, Chief Investor Relations Officer for L Brands. Please go ahead.

Amie Preston - L Brands, Inc.

Thanks, Regina. Good morning, everyone, and welcome to L Brands' Fourth Quarter Earnings Conference Call for the period ending Saturday, February 3, 2018.

As a matter of formality, I need to remind you that any forward-looking statements we may make today are subject to our Safe Harbor statement found in our SEC filings. Our fourth quarter earnings release, additional commentary and earnings presentation are all available on our website, LB.com.

Recommended For You

Comments (2)

MACaDamian profile picture
@trsales, you make a good point. Given their lower guidance for the next quarter, and the turnaround not yet around the corner, it would be prudent to wait and given your comment, I will keep an eye on it for the next couple of quarters. I don't have a position, Morningstar has been bullish about LB and it is part of their Wide Moat Focus Index.

How can comp inventory be above comp sales rate when you have all the discontinued inventory from last year out of the total this year. They have taken all that inventory that they discontinued because it was not working and reinvested those inventory dollars and more without picking up any of the sales they lost? Who is running that show? Is there any financial control in that company? Let's talk about the latest new color and the latest day, and night styles but how are they going to keep the lights on?
To report an error in this transcript, .Contact us to add your company to our coverage or use transcripts in your business. Learn more about Seeking Alpha transcripts here. Your feedback matters to us!
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.