L Brands Inc. (LB) Is Losing Ground On Q4 Forecast

L Brands Inc. (LB) reported a 1 percent increase in December comparable sales after the bell Wednesday. The company now expects to report fourth quarter EPS of about $2.00, compared to prior expectations of $1.95 to $2.10.

L Brands gapped open sharply lower Thursday morning and has continued to fall in early trade on above average volume. The stock is now down 8.02 at $50.14 and has tumbled to over a 1-month low.

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