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LB News and Press, L Brands Inc. From 02/26/20

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Company Name: L Brands Inc.
Stock Symbol: LB
Market: NYSE

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LB - L Brands EPS beats by $0.02, misses on revenue

L Brands (NYSE: LB ): Q4 Non-GAAP EPS of $1.88 beats by $0.02 ; GAAP EPS of -$0.70. More news on: L Brands, Inc., Earnings news and commentary, Consumer stocks news, Read more ...

LB - L Brands Reports Fourth Quarter and Full-Year 2019 Earnings

- Bath & Body Works Reports Record Fourth Quarter  and Full-Year Results  - - L Brands Provides First Quarter 2020 Guidance - COLUMBUS, Ohio, Feb. 26, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today reported 2019 fourth quarter and full-year results. Fourth...

LB - Baird to wait on L Brands

Baird moves to the sidelines on L Brands ( LB -3.1% ) with shares close to the firm's price target of $25. More news on: L Brands, Inc., Consumer stocks news, Read more ...

LB - Investors Aren't Cheering L Brands' Sale of Victoria's Secret: Here's Why

The suspense is over. After months of speculation, L Brands (NYSE: LB) announced a deal for its embattled lingerie brand, Victoria's Secret, to private equity firm Sycamore Partners. And Les Wexner is stepping down as chairman and CEO of the company. The market response has been muted....

LB - L Brands: Selling Victoria's Secret At An Absolute Rock-Bottom Price

A much anticipated deal for L Brands' (LB) troubled Victoria's Secret business has finally taken place, although at terms (mostly pricing of course) which is a bit of a disappointment to investors. The "bit" part of the previous sentence is a massive understatement as the deal might be helpf...

LB - Wedbush warms up to L Brands

Wedbush keeps a Neutral rating on L Brands (NYSE: LB ) after factoring in the separation of the Victoria's Secret business, but keeps a positive view on the long-term potential for a turnaround. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...

LB - Odeon downgrades L Brands after VS deal

Odeon Capital Group lowers L Brands ( LB +0.1% ) to a Hold rating from Buy and keeps a price target of $28 after factoring in the retailer's deal to sell off a majority stake of Victoria's Secret. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...

LB - L Brands Sells Controlling Stake in Victoria's Secret

L Brands (NYSE: LB) is selling a 55% stake in Victoria's Secret to private equity firm Sycamore Partners at a valuation of $1.1 billion, and its CEO and founder, Leslie Wexner, has announced he'll be stepping down.  After the transaction, the troubled retailer will be left with a 45% s...

LB - VIAC, WIX among premarket losers

Tivity Health (NASDAQ: TVTY )  -39%  on Q4 earnings . More news on: Tivity Health, Inc., Six Flags Entertainment Corporation, BioXcel Therapeutics, Inc., Stocks on the move, Read more ...

LB - Victoria's Secret to go private

L Brands (NYSE: LB ) confirms its deal with Sycamore Partners to privatize the Victoria's Secret business and position Bath & Body Works as a highly profitable, standalone public company. More news on: L Brands, Inc., Consumer stocks news, Merger & acquisition news, Stocks on the m...

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