L Brands, Inc. (NYSE:LB) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition
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Item 7.01. Regulation FD Disclosure.
The following information is being furnished to Item 2.02, "Results of Operations and Financial Condition" and Item 7.01, “Regulation FD Disclosure”, and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
On November 19, 2018, L Brands, Inc. issued a press release setting forth its third quarter 2018 earnings. In addition, the press release contains guidance with respect to fourth quarter 2018 earnings and updated guidance with respect to full-year 2018 earnings. A copy of the press release is attached hereto as Exhibit 99.1 and is hereby incorporated by reference.
Item 8.01. Other Events.
On November 19, 2018, L Brands, Inc. announced that its Board of Directors plans to reduce the company's annual ordinary dividend to $1.20 per share from $2.40 per share currently, beginning with the quarterly dividend to be paid in March 2019.
Item 9.01. Financial Statements and Exhibits.
L Brands, Inc. ExhibitEX-99.1 2 ex991lb-20183qearningsrele.htm PRESS RELEASE Exhibit Exhibit 99.1L BRANDS REPORTS THIRD QUARTER 2018 RESULTS - PROVIDES FOURTH QUARTER GUIDANCE – PLANS TO REDUCE 2019 ANNUAL DIVIDEND TO $1.20 PER SHARE — ANNOUNCES VICTORIA’S SECRET LINGERIE LEADERSHIP CHANGE -Columbus,…To view the full exhibit click here
About L Brands, Inc. (NYSE:LB)
L Brands, Inc. operates specialty retail business. The Company is focused on women’s intimate and other apparel, personal care and beauty categories. The Company operates through three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Victoria’s Secret segment includes PINK, which is the specialty retailer of women’s intimate and other apparel with collections, fragrances, supermodels and runway shows. Bath & Body Works segment is the specialty retailer of home fragrance and personal care products, including shower gels, lotions, soaps and sanitizers. Victoria’s Secret and Bath & Body Works International segment includes the Victoria’s Secret and Bath & Body Works company-owned and partner-operated stores outside of the United States and Canada. The Company operates the retail brands, which include Victoria’s Secret, Bath & Body Works, La Senza and Henri Bendel. Henri Bendel is an operator of over 30 specialty stores.
