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.

L Brands (LB) Q2 2020 Earnings Infographic

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.

Looking forward to read what management and analysts discuss on quarterly results? Stay tuned here for L Brands Q2 2020 earnings call transcript

Most Popular

AVGO Earnings: All you need to know about Broadcom Q1 2021 earnings results

Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared

Infographic: Costco (COST) Q2 2021 sales up 15%; earnings miss

Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million

Will shifting to as-a-service model help Hewlett Packard in emerging stronger from COVID?

With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard

Add Comment
Viewing Highlight