Earnings

The apparel retailer posted earnings of $131.81 million, or 44 cents per share, up from $91.98 million, or 31 cents per share, last year. On average, analysts expected the company to post earnings of 40 cents per share.

Revenue
The company reported revenue of $2.32 billion, which is up from $2.17 billion a year ago. Analysts expected to see revenue of $2.31 billion.

Outlook
Looking forward to the fourth quarter, LB expects to see earnings between $1.61 and $1.71 per share, which is below analysts’ view of $1.77. The company’s share price was lower in pre-market trading on the weak outlook.

For investors considering a mutual fund investment with exposure to L Brands, the funds below may be considered. These funds currently hold the largest stake in the retailer. Investing in a mutual fund is a great way to gain exposure to the company while remaining diversified.

The three mutual funds mentioned above give investors a broad range of big-name stocks like L Brands. These funds offer exposure to a number of different industries. While there are a number of holdings in these funds, big events such as earnings reports are very important for investors to be aware of. Investors interested in L Brands may also be interested in stocks like Ann Inc (ANN), Coach (COH) and Chico’s (CHS).