By  on August 21, 2014

L Brands Inc. managed higher profits in the second quarter and ended the period in a tidy inventory position.

The Columbus, Ohio-based operator of Victoria’s Secret and Bath & Body Works generated net income of $188.4 million, or 63 cents a diluted share, 5.3 percent above the year-ago quarter’s bottom-line finish of $178.9 million. On average, analysts expected earnings per share of 62 cents.

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