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KM Financial Solutions | L Brands expects first-quarter loss; shares fall 3%
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L Brands expects first-quarter loss; shares fall 3%

25 Feb L Brands expects first-quarter loss; shares fall 3%

Posted at 21:42h in News by
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L Brands Inc on Wednesday forecast
a loss for the first quarter, days after it decided to sell a
controlling stake in its struggling Victoria’s Secret lingerie
unit, sending its shares down nearly 3% in after-market trading.

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