Categories AlphaGraphs, Earnings, Retail
Infographic: Key financials from L Brands (LB) Q2 2020 earnings
L Brands (NYSE: LB) swing to a loss on a reported basis in the second quarter of 2020. Sales skid 20% year-over-year to $2.32 billion. On a non-GAAP basis, the company reported a profit of $0.25 per share versus $0.24 in the year-ago quarter.
After rising about 5% immediately after the earnings announcement, LB stock pared its gains later in the after-hours session.
On the reported basis, L Brands posted a loss of $0.18 per share compared to a profit of $0.14 per share in the second quarter of 2019.
Given the continuing high level of uncertainty in the current environment, the company didn’t provide the third quarter or full-year 2020 earnings guidance.
Most Popular
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to