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LB News and Press, L Brands Inc. From 04/15/20

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

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LB - Why These Apparel Retailer Stocks Plunged on Wednesday

Shares of American Eagle Outfitters (NYSE: AEO) , L Brands (NYSE: LB) , and Abercrombie & Fitch (NYSE: ANF) , well-known apparel retailers, all dropped sharply during trading Wednesday as new economic data looked bleak. American Eagle and L Brands both ended the day down more than 1...

LB - Bondholders Sour On L Brands

Source: Barron's The coronavirus has practically led to a shutdown of the U.S. economy. Millions of Americans are staying home and avoiding large crowds. Several retailers like L Brands (LB) have temporarily closed stores to help stop the spread of the virus. The company had over 2,900 s...

LB - The Retail Apocalypse Is Accelerating

Article Thesis Much has been said about the so-called retail apocalypse in the past, a term that describes the presumed death of brick-and-mortar retail ( XRT ), primarily centered on shopping malls. In reality, not all brick-and-mortar retail is created equal, though, and although it is t...

LB - Why L Brands Shares Fell 46.6% in March

Shares of L Brands (NYSE: LB) slid 46.6% in March, according to data provided by S&P Global Market Intelligence , after the company temporarily shuttered stores and took steps to preserve its finances as the coronavirus outbreak deepened. L Brands shut its Bath & Body Works an...

LB - Stocks To Watch: OPEC Goes Virtual

Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays on Seeking Alpha , Apple ...

LB - Essential plan at Bath & Body Works

Bath & Body Works is opening two stores near Columbus, Ohio back up after local officials agreed that the retailer could be considered an essential business on its promise to sell loads of soap and hand sanitizer products. More news on: L Brands, Inc., Consumer stocks news, Read ...

LB - American Eagle: Net Cash Position, Aerie Make Shares A Buy

American Eagle ( AEO ) is an iconic retail brand which even prior to the coronavirus crash faced the struggles of declining margins. Valuations have become cheap enough to make AEO a very compelling pick at a low single-digit multiple of earnings. AEO has a strong balance sheet with net cash a...

LB - Canopy Growth Names 2 New Board Members

Canopy Growth (NYSE: CGC) has a pair of new faces in its boardroom. On Wednesday, the company said it appointed two new directors to its board, Terry Yanofsky and David Lazzarato. The appointments are effective immediately. The newcomers replace the outgoing John Bell and Peter Stringham. B...

LB - L Brands: The Victoria's Secret Sale Could Be In Jeopardy

Source: Fortune According to Women's Wear Daily, the sale of Victoria's Secret by L Brands ( LB ) could be in jeopardy: Parent company L Brands ’s deal to sell a 55-percent stake of the Victoria’s Secret lingerie and beauty divisions, along with the Pink business...

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...

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