Victoria’s Secret reportedly borrows $500 million to finance split from Bath & Body Works

cnbc2021-06-22

Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath & Body Works,Bloomberg News reported Monday. The loan is due 2028 and could pay interest that's 300...

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Comments

Hortenseleck
2021-06-22
Hortenseleck
Guess it's not a secret
eyescold
2021-06-22
eyescold
?
Hs
2021-06-22
Hs
Nice
Wilson_wtc
2021-06-22
Wilson_wtc
Wow
jyau73
2021-06-22
jyau73
No more secret...
- angliz:
  Lol
TerenceD
2021-06-22
TerenceD
That’s ??
- TerenceD:
  [Miser]
- TerenceD:
  [Miser]
- TerenceD:
  [What]
- TerenceD:
  [Cool]
- TerenceD:
  [Cool]

Leave a comment

112

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LLC"},"source_url":"https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1194351717","content_text":"Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath & Body Works,Bloomberg News reported Monday.\nThe loan is due 2028 and could pay interest that's 300 to 325 basis pointsabove Libor, Bloomberg reported, citing an unnamed source.JPMorgan Chaseis overseeing the sale, with investor orders due by June 30, the report said.\nThe report comes after parent companyL Brandsannounced the spin-off last monththat would separate the two brands into independent, publicly traded companies by August.\nRepresentatives for Victoria's Secret, Bath & Body Works, L Brands and JPMorgan Chase did not immediately respond to CNBC's requests for comment.\nLast month, L Brands reported quarterly numbers that beat analyst expectations. The company said its results were driven by more customers paying full price for products and strong momentum across its different divisions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120450990,"gmtCreate":1624333702410,"gmtModify":1703833775176,"author":{"id":"3582062230385855","authorId":"3582062230385855","name":"eyescold","avatar":"https://static.tigerbbs.com/947cfb8056822e3c4b4c3ace4c59dd6f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582062230385855","idStr":"3582062230385855"},"htmlText":"?&nbsp;","listText":"?&nbsp;","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120450990","repostId":1194351717,"repostType":4,"repost":{"id":"1194351717","pubTimestamp":1624320774,"share":"https://ttm.financial/m/news/1194351717?lang=&edition=fundamental","pubTime":"2021-06-22 08:12","market":"us","language":"en","title":"Victoria’s Secret reportedly borrows $500 million to finance split from Bath & Body Works","url":"https://stock-news.laohu8.com/highlight/detail?id=1194351717","media":"cnbc","summary":"Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath","content":"<div>\n<p>Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath & Body Works,Bloomberg News reported Monday.\nThe loan is due 2028 and could pay interest that's 300...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVictoria’s Secret reportedly borrows $500 million to finance split from Bath & Body Works\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 08:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath & Body Works,Bloomberg News reported Monday.\nThe loan is due 2028 and could pay interest that's 300...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LB":"LandBridge Co. LLC"},"source_url":"https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1194351717","content_text":"Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath & Body Works,Bloomberg News reported Monday.\nThe loan is due 2028 and could pay interest that's 300 to 325 basis pointsabove Libor, Bloomberg reported, citing an unnamed source.JPMorgan Chaseis overseeing the sale, with investor orders due by June 30, the report said.\nThe report comes after parent companyL Brandsannounced the spin-off last monththat would separate the two brands into independent, publicly traded companies by August.\nRepresentatives for Victoria's Secret, Bath & Body Works, L Brands and JPMorgan Chase did not immediately respond to CNBC's requests for comment.\nLast month, L Brands reported quarterly numbers that beat analyst expectations. The company said its results were driven by more customers paying full price for products and strong momentum across its different divisions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120227108,"gmtCreate":1624325485604,"gmtModify":1703833496636,"author":{"id":"3565696836456479","authorId":"3565696836456479","name":"Hs","avatar":"https://static.tigerbbs.com/4009e690de81f07217a7fc6e487f6295","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3565696836456479","idStr":"3565696836456479"},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120227108","repostId":1194351717,"repostType":4,"repost":{"id":"1194351717","pubTimestamp":1624320774,"share":"https://ttm.financial/m/news/1194351717?lang=&edition=fundamental","pubTime":"2021-06-22 08:12","market":"us","language":"en","title":"Victoria’s Secret reportedly borrows $500 million to finance split from Bath & Body Works","url":"https://stock-news.laohu8.com/highlight/detail?id=1194351717","media":"cnbc","summary":"Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath","content":"<div>\n<p>Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath & Body Works,Bloomberg News reported Monday.\nThe loan is due 2028 and could pay interest that's 300...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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LLC"},"source_url":"https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1194351717","content_text":"Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath & Body Works,Bloomberg News reported Monday.\nThe loan is due 2028 and could pay interest that's 300 to 325 basis pointsabove Libor, Bloomberg reported, citing an unnamed source.JPMorgan Chaseis overseeing the sale, with investor orders due by June 30, the report said.\nThe report comes after parent companyL Brandsannounced the spin-off last monththat would separate the two brands into independent, publicly traded companies by August.\nRepresentatives for Victoria's Secret, Bath & Body Works, L Brands and JPMorgan Chase did not immediately respond to CNBC's requests for comment.\nLast month, L Brands reported quarterly numbers that beat analyst expectations. The company said its results were driven by more customers paying full price for products and strong momentum across its different divisions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120297234,"gmtCreate":1624323977828,"gmtModify":1703833427719,"author":{"id":"3570525515751138","authorId":"3570525515751138","name":"Wilson_wtc","avatar":"https://static.tigerbbs.com/0ecf77d842c90dbab7220526d5ece0a2","vip":1,"crmLevel":7,"crmLevelSwitch":1,"authorIdStr":"3570525515751138","idStr":"3570525515751138"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120297234","repostId":1194351717,"repostType":4,"repost":{"id":"1194351717","pubTimestamp":1624320774,"share":"https://ttm.financial/m/news/1194351717?lang=&edition=fundamental","pubTime":"2021-06-22 08:12","market":"us","language":"en","title":"Victoria’s Secret reportedly borrows $500 million to finance split from Bath & Body Works","url":"https://stock-news.laohu8.com/highlight/detail?id=1194351717","media":"cnbc","summary":"Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath","content":"<div>\n<p>Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath & Body Works,Bloomberg News reported Monday.\nThe loan is due 2028 and could pay interest that's 300...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVictoria’s Secret reportedly borrows $500 million to finance split from Bath & Body Works\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 08:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath & Body Works,Bloomberg News reported Monday.\nThe loan is due 2028 and could pay interest that's 300...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LB":"LandBridge Co. LLC"},"source_url":"https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1194351717","content_text":"Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath & Body Works,Bloomberg News reported Monday.\nThe loan is due 2028 and could pay interest that's 300 to 325 basis pointsabove Libor, Bloomberg reported, citing an unnamed source.JPMorgan Chaseis overseeing the sale, with investor orders due by June 30, the report said.\nThe report comes after parent companyL Brandsannounced the spin-off last monththat would separate the two brands into independent, publicly traded companies by August.\nRepresentatives for Victoria's Secret, Bath & Body Works, L Brands and JPMorgan Chase did not immediately respond to CNBC's requests for comment.\nLast month, L Brands reported quarterly numbers that beat analyst expectations. The company said its results were driven by more customers paying full price for products and strong momentum across its different divisions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120643559,"gmtCreate":1624322839771,"gmtModify":1703833376535,"author":{"id":"4087190501410390","authorId":"4087190501410390","name":"jyau73","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4087190501410390","idStr":"4087190501410390"},"htmlText":"No more secret...","listText":"No more secret...","text":"No more secret...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/120643559","repostId":1194351717,"repostType":4,"repost":{"id":"1194351717","pubTimestamp":1624320774,"share":"https://ttm.financial/m/news/1194351717?lang=&edition=fundamental","pubTime":"2021-06-22 08:12","market":"us","language":"en","title":"Victoria’s Secret reportedly borrows $500 million to finance split from Bath & Body Works","url":"https://stock-news.laohu8.com/highlight/detail?id=1194351717","media":"cnbc","summary":"Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath","content":"<div>\n<p>Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath & Body Works,Bloomberg News reported Monday.\nThe loan is due 2028 and could pay interest that's 300...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Victoria’s Secret reportedly borrows $500 million to finance split from Bath & Body Works</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVictoria’s Secret reportedly borrows $500 million to finance split from Bath & Body Works\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 08:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath & Body Works,Bloomberg News reported Monday.\nThe loan is due 2028 and could pay interest that's 300...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LB":"LandBridge Co. LLC"},"source_url":"https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1194351717","content_text":"Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath & Body Works,Bloomberg News reported Monday.\nThe loan is due 2028 and could pay interest that's 300 to 325 basis pointsabove Libor, Bloomberg reported, citing an unnamed source.JPMorgan Chaseis overseeing the sale, with investor orders due by June 30, the report said.\nThe report comes after parent companyL Brandsannounced the spin-off last monththat would separate the two brands into independent, publicly traded companies by August.\nRepresentatives for Victoria's Secret, Bath & Body Works, L Brands and JPMorgan Chase did not immediately respond to CNBC's requests for comment.\nLast month, L Brands reported quarterly numbers that beat analyst expectations. The company said its results were driven by more customers paying full price for products and strong momentum across its different divisions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4948017,"gmtCreate":1624329116943,"gmtModify":1663229686138,"authorId":3581117504935343,"author":{"id":3581117504935343,"idStr":"3581117504935343","authorId":3581117504935343,"name":"angliz","avatar":"https://static.tigerbbs.com/597bdbc34d024b3a2ce151e72698ccb4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120643559,"type":1,"supId":0,"prevId":0,"content":"Lol","text":"Lol","html":"Lol"}],"langContent":"EN"},{"id":120658008,"gmtCreate":1624322523104,"gmtModify":1703833362953,"author":{"id":"3573966231987456","authorId":"3573966231987456","name":"TerenceD","avatar":"https://static.tigerbbs.com/046d570a2a5c6793332b041c7628d5c3","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3573966231987456","idStr":"3573966231987456"},"htmlText":"That’s ??&nbsp;","listText":"That’s ??&nbsp;","text":"That’s ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":15,"repostSize":0,"link":"https://ttm.financial/post/120658008","repostId":1194351717,"repostType":4,"repost":{"id":"1194351717","pubTimestamp":1624320774,"share":"https://ttm.financial/m/news/1194351717?lang=&edition=fundamental","pubTime":"2021-06-22 08:12","market":"us","language":"en","title":"Victoria’s Secret reportedly borrows $500 million to finance split from Bath & Body Works","url":"https://stock-news.laohu8.com/highlight/detail?id=1194351717","media":"cnbc","summary":"Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath","content":"<div>\n<p>Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath & Body Works,Bloomberg News reported Monday.\nThe loan is due 2028 and could pay interest that's 300...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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LLC"},"source_url":"https://www.cnbc.com/2021/06/21/victorias-secret-reportedly-borrows-500-million-to-finance-split-from-bath-body-works.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1194351717","content_text":"Lingerie retailer Victoria's Secret is taking out a $500 million loan to finance its split from Bath & Body Works,Bloomberg News reported Monday.\nThe loan is due 2028 and could pay interest that's 300 to 325 basis pointsabove Libor, Bloomberg reported, citing an unnamed source.JPMorgan Chaseis overseeing the sale, with investor orders due by June 30, the report said.\nThe report comes after parent companyL Brandsannounced the spin-off last monththat would separate the two brands into independent, publicly traded companies by August.\nRepresentatives for Victoria's Secret, Bath & Body Works, L Brands and JPMorgan Chase did not immediately respond to CNBC's requests for comment.\nLast month, L Brands reported quarterly numbers that beat analyst expectations. 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