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LB News and Press, L Brands Inc. From 04/01/20

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

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LB - Investors dress down the apparel sector

Apparel stocks are being particularly hard hit today as investors size up an even longer period of stay-at-home orders from local and federal officials. Highlighting that point Virginia's stay-at-home directive was extended until June 10. More news on: G-III Apparel Group, Ltd., Kontoor Br...

LB - Wall Street Breakfast: The Worst Quarter Since '08

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . Looking to extend the recent rally in equities and close Q1 on a more positive note, futures climbed another 0.7% overnight, bu...

LB - L Brands may be stuck with Victoria's Secret

L Brands' ( LB -8.9% ) deal to sell a 55% stake of the Victoria’s Secret business to private equity firm Sycamore Partners is up in the air amid the massive disruption in the retail sector from the pandemic, reports Women's Wear Daily . More news on: L Brands, Inc., Consumer st...

LB - L Brands Extends Its Store Closures, Suspends Dividend

Ten days ago , L Brands (NYSE: LB) announced that in response to the growing threat of the coronavirus pandemic , it would "temporarily close all Bath & Body Works, Victoria's Secret and PINK stores in the United States and Canada, effective March 17 through March 29, 2020." Now, it's...

LB - L Brands extends store closings period

L Brands (NYSE: LB ) says it's extending the closure of its stores beyond the initial date set for March 29. More news on: L Brands, Inc., Consumer stocks news, Read more ...

LB - L BRANDS PROVIDES ADDITIONAL UPDATE RELATED TO COVID-19 PANDEMIC

COLUMBUS, Ohio, March 27, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today provided additional updates on actions it is taking, following its initial March 17, 2020 announcement related to the novel coronavirus pandemic (COVID-19). Store and Direct Operations On March 17, 2020,...

LB - L Brands Remains A Sell

Source: Barron's Social distancing is in effect to help stem the spread of the coronavirus. Millions of consumers are not shopping as much, which will likely punish retailers over the next few months. L Brands (LB) temporarily closed stores in the U.S. in Canada through March 29th: L ...

LB - L Brands leads mall sector after Melvin Capital takes stake

L Brands ( LB +28.4% ) soars after Melvin Capital discloses a stake of 5.1% in the retailer. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...

LB - Let's-go-out trade dominates consumer sector

Investors are reading the tea leaves to bet that the worst-case scenarios of extended shutdowns and shelter at home orders may be averted. More news on: Dave & Buster's Entertainment, Inc., Bloomin' Brands, Inc., Darden Restaurants, Inc., Consumer stocks news, Top stock market news, ...

LB - Apparel stocks bounce back from lows

A variety of apparel and footwear stocks are dramatically higher as investors react to green shoots of consumer activity in China. More news on: G-III Apparel Group, Ltd., Lululemon Athletica Inc., Capri Holdings Limited, Consumer stocks news, Stocks on the move, Read more ...

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