The mall-based retailer has benefited from the cash infusion of billions of dollars into the economy.
News & Analysis: L Brands
There's a lot of excitement about what the future will bring.
A year ago the retailer suspended the payouts and repurchases to confront the pandemic.
LB earnings call for the period ending December 31, 2020.
The retailer reported fourth-quarter results as it prepares to separate its Victoria's Secret business.
Investors seem pleased with the company's outlook despite a revenue miss.
A spinoff of the lingerie brand is still in the cards, though.
In addition to providing a fairly firm spinoff date, the company also gives some positive fourth-quarter guidance.
The third quarter was bright -- but L Brands is cautious about the holiday season.
LB earnings call for the period ending October 31, 2020.