Both brands are now profitable, though one is growing more, relative to pre-pandemic sales. The new Victoria's Secret will trade under the ticker symbol VSCO. L Brands will switch to BBWI.

Warren Buffett. At the moment, the quote fits perfectly for L Brands, Inc. LB as the company’s near term outlook looks bleak after it reported soft comparable-store sales (comps) for Dec 2016 ...

L Brands holders will receive one Victoria’s Secret share for every three shares of the parent they hold as of July 22. L Brands named the Victoria’s Secret board and said that a spinoff of ...

Topline: L Brands CEO and billionaire Leslie Wexner ... s past ties to disgraced financier Jeffrey Epstein. Crucial quote: "We believe the separation of [Victoria’s Secret] into a privately ...

L Brands’ stock symbol will also change from “LB” to “BBWI.” The Name Change is expected to become effective on August 2, 2021, in connection with the separation. L Brands’ common ...

The key theme in L Brands's first quarter fiscal 2017 call (first quarter ends in January) was that the company tested and learnt a lot in Q1 and there might be some significant changes and new ...