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L Brands Inc. Q2 Profit Climbs 7.5%

Below are the earnings highlights for L Brands Inc. (LB):

-Earnings: $202.48 Mln in Q2 vs. $188.36 Mln in the same period last year.

-Earnings Growth: 7.5%

-EPS: $0.68 in Q2 vs. $0.63 in the same period last year.

-EPS Growth: 7.9%

-Analysts projected $0.68 per share

-Revenue: $2.76 Bln in Q2 vs. $2.67 Bln in the same period last year.

-Guidance:

Next quarter EPS guidance: 0.40 - $0.45

Full year EPS guidance: $3.58 - $3.73

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A busy week for economics saw the release of first quarter growth figures for the U.S. economy and the interest rate decision in Japan. Read our stories to find out why the GDP data damped market sentiment in the U.S. and what were the signals given out by the Bank of Japan. Other news this week included new home sales data and jobless claims figures from the U.S., and the latest purchasing managers' survey results for the Eurozone.

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