LBrands Operating Income Drops

LBrands Operating Income Drops

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Operating income at apparel brands marketer L Brands decreased 8 per cent. Earnings per share for the fourth quarter of fiscal 2017 amounted to $2.18 compared to $2.15 for the fiscal quarter ended January 30, 2016.

Net sales in the quarter under review were $4.489 billion, up 2 per cent versus $4.395 billion in the earlier fiscal’s same quarter, while comparable sales were essentially flat.