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
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
