OverviewSuggest Edit

L Brands is a fashion retailer focused on women's intimate and other apparel, personal care, home fragrance and beauty categories.  The Company's brands include Victoria’s Secret, PINK, Bath & Body Works, La Senza and Henri Bendel.

TypePublic
Founded1963
HQColumbus, OH, US
Websitelb.com
Employee Ratings3.9
Overall CultureA+

Locations

L Brands is headquartered in
Columbus, United States

Location Map

Latest Updates

Employees (est.) (Jan 2021)22,400(-12%)
Job Openings5,958
Revenue (FY, 2020)$11.8 B(-8%)
Share Price (Jul 2021)$76.3
Cybersecurity ratingBMore

Key People/Management at L Brands

Leslie Wexner

Leslie Wexner

Chairman of the Board of Directors and Chief Executive Officer
Stuart Burgdoerfer

Stuart Burgdoerfer

Executive Vice President and Chief Financial Officer
Charles McGuigan

Charles McGuigan

Chief Operating Officer
James Bersani

James Bersani

President, Real Estate
Robert H. Schottenstein

Robert H. Schottenstein

Chairman and Chief Executive Officer, M/I Homes
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L Brands Office Locations

L Brands has offices in Columbus and Reynoldsburg
Columbus, OH, US (HQ)
3 Limited Pkwy
Reynoldsburg, OH, US
4 Limited Pkwy
Reynoldsburg, OH, US
7 Limited Pkwy
Show all (3)

L Brands Financials and Metrics

L Brands Revenue

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L Brands's revenue was reported to be $11.85 b in FY, 2020 which is a 8.3% decrease from the previous period.
USD

Revenue (FY, 2020)

11.8b

Revenue growth (FY, 2020 - FY, 2020), %

(8.3%)

Gross profit (FY, 2020)

4.7b

Gross profit margin (FY, 2020), %

39.4%

Net income (FY, 2020)

844.0m

EBIT (FY, 2020)

1.6b

Market capitalization (22-Jul-2021)

21.3b

Closing stock price (22-Jul-2021)

76.3

Cash (30-Jan-2021)

3.9b

EV

26.8b
L Brands's current market capitalization is $21.3 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

13.2b12.9b11.8b

Revenue growth, %

(2%)(8%)

Cost of goods sold

8.3b8.5b7.2b

Gross profit

4.9b4.5b4.7b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.6b3.0b2.8b2.6b2.9b2.7b1.7b2.3b3.1b

Cost of goods sold

1.7b1.9b1.8b1.7b1.9b1.9b1.4b1.6b1.7b

Gross profit

944.0m1.1b928.0m934.0m983.0m741.0m288.0m711.0m1.4b

Gross profit Margin, %

36%35%33%36%34%28%17%31%44%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

1.4b1.5b3.9b

Accounts Receivable

36.7m306.0m269.0m

Inventories

1.2b1.3b1.3b

Current Assets

3.3b3.2b5.6b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

1.0b843.0m348.0m1.1b853.0m340.0m957.0m2.6b2.6b

Accounts Receivable

274.0m310.0m321.0m274.0m283.0m295.0m229.0m268.0m297.0m

Inventories

1.4b1.3b2.0b1.4b1.3b2.0b1.5b1.5b1.9b

Current Assets

2.9b2.7b2.9b2.9b2.7b2.9b2.8b4.5b4.9b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

644.0m(366.0m)844.0m

Depreciation and Amortization

590.0m588.0m521.0m

Inventories

(40.0m)(40.0m)3.0m

Accounts Payable

29.0m(93.0m)166.0m
USDQ1, 2019

Debt/Equity

-6 x

Debt/Assets

0.7 x

Financial Leverage

-8 x
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L Brands Operating Metrics

L Brands's Stores was reported to be 2.7 k in FY, 2020.
Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020

Stores

3.07 k3.08 k3.11 k2.94 k2.92 k2.93 k2.94 k2.92 k2.9 k2.71 k2.68 k2.67 k

Stores (Franchising)

830844849674680687700722722721743746

Stores (US)

2.72 k2.69 k2.48 k

Stores (Canada)

147140128
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L Brands Acquisitions / Subsidiaries

Company NameDateDeal Size
Slatkin & CompanyMay 13, 2005
Intimate BrandsMarch 21, 2002
Henri BendelOctober 21, 1985
New York & CompanyJanuary 01, 1985
Lane BryantApril 29, 1982$100 m
Victoria's SecretJanuary 01, 1982$1 m
Mast IndustriesJanuary 01, 1978
Bath & Body Works
Bath & Body Works, LLC
Bath & Body Works Brand Management, Inc.
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L Brands Revenue Breakdown

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L Brands revenue breakdown by business segment: 54.3% from Bath & Body Works and 45.7% from Victoria's Secret

L Brands Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

L Brands Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

L Brands Online and Social Media Presence

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L Brands Company Culture

  • Overall Culture

    A+

    79/100

  • CEO Rating

    A+

    78/100

  • Compensation

    A-

    77/100

  • Diversity

    A

    78/100

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L Brands Frequently Asked Questions

  • When was L Brands founded?

    L Brands was founded in 1963.

  • Who are L Brands key executives?

    L Brands's key executives are Leslie Wexner, Stuart Burgdoerfer and Charles McGuigan.

  • How many employees does L Brands have?

    L Brands has 22,400 employees.

  • What is L Brands revenue?

    Latest L Brands annual revenue is $11.8 b.

  • What is L Brands revenue per employee?

    Latest L Brands revenue per employee is $528.9 k.

  • Who are L Brands competitors?

    Competitors of L Brands include Gap, Ross Stores and Nordstrom.

  • Where is L Brands headquarters?

    L Brands headquarters is located at 3 Limited Pkwy, Columbus.

  • Where are L Brands offices?

    L Brands has offices in Columbus and Reynoldsburg.

  • How many offices does L Brands have?

    L Brands has 3 offices.