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Business

L Brands reports wider Q1 loss, sales decline

L Brands, Inc. reported net sales of 1.654 billion dollars for the first quarter ended May 2, 2020 compared to 2.629 billion dollars for the quarter ended May 4, 2019. The company said in a statement that loss per share was 1.07 dollars compared to earnings per share of 14 cents for the same quarter last year, while operating loss was 317.7...

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