Victoria's Secret parent L Brands' stock drops 6.9% premarket after Q4 results
Shares of L Brands Inc. LB, -0.29% fell more than 8% in the extended session Wednesday after the parent company of Victoria's Secret and Bath & Body Works reported mixed fourth-quarter results and said its first quarter profit may be a flat line. L Brands said it earned $540 million, or $1.94 a share, in the quarter, compared with $664 million, or $2.33 a share, in the year-ago period. Adjusted for one-time items, the company earned $2.14 a share, compared with $2.11 a share a year ago.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman has a portfolio which tracks hedge funds that is trouncing the market — here's what's in itGoldman Sachs' secret portfolio that tracks hedge funds' most popular long positions is crushing the market.
Read more »
Prince Of The City -- He's The Secret Weapon At NY's Trump International Hotel and TowerPrince Sanders -- the General Manager of the Trump International Hotel and Tower in New York -- is the property's Secret Weapon to assure guests of spectacular service.
Read more »
Secret Safaris: Little-Known National Parks in AfricaSome of Africa’s most exciting new destinations are in the wildest corners thanks to an ambitious conservation non-profit. Here’s why you should add Rwanda, Zambia and even Chad to your travel bucket list.
Read more »