Looking Into L Brands''s Return On Capital Employed
L Brands (NYSE: LB ) posted Q1 earnings of $572.00 million, an increase from Q4 of 55.07%. Sales dropped to $3.02 billion, a 37.24% decrease between quarters. In Q4, L Brands earned $1.27 billion, and total sales reached $4.82 billion. Why ROCE Is Significant Changes in earnings and sales indicate shifts in L Brands''s Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is Full story available on Benzinga.com
Looking Into L Brands''s Return On Capital Employed
L Brands (NYSE: LB ) posted Q1 earnings of $572.00 million, an increase from Q4 of 55.07%. Sales dropped to $3.02 billion, a 37.24% decrease between quarters. In Q4, L Brands earned $1.27 billion, and total sales reached $4.82 billion. Why ROCE Is Significant Changes in earnings and sales indicate shifts in L Brands''s Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is Full story available on Benzinga.com