L Brands Inc (LB) Q2 2019 Results - Earnings Call Transcript

L Brands Inc (LB) Q2 2019 Results Earnings Conference Call August 22, 2019 9:00 AM ET

Company Participants

Amie Preston - Chief Investor Relations Officer
Stuart Burgdoerfer - Executive Vice President and Chief Financial Officer

Conference Call Participants

Kimberly Greenberger - Morgan Stanley
Paul Lejuez - Citi Research
Alex Walvis - Goldman Sachs
Mark Altschwager - Baird
Lorraine Hutchinson - Bank of America Merrill Lynch
Ike Boruchow - Wells Fargo
Susan Anderson - B. Riley FBR
William Reuter - Bank of America
Roxanne Meyer - MKM Partners
Dana Telsey - Telsey Advisory Group
Kate Fitzsimons - RBC Capital Markets
Omar Saad - Evercore ISI
Jamie Merriman - Bernstein
Michael Binetti - Credit Suisse

Operator

Good morning. My name is Heidi, and I will be your conference operator today. At this time, I would like to welcome everyone to the L Brands' Second Quarter 2019 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions].

I will now turn the call over to Ms. Amie Preston, Chief Investor Relations Officer of L Brands. You may begin.

Amie Preston

Thank you, Heidi. Good morning, everyone, and welcome to L Brands' second quarter earnings conference call for the period ending Saturday, August 3, 2019. 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 and in our press releases. Our second quarter earnings release, additional commentary, and our earnings presentation are all available on our website, lb.com. All of the results discussed in today's call are adjusted results, and exclude the significant item described in our press release.

Stuart Burgdoerfer, EVP and CFO, and I will handle the