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LB News and Press, L Brands Inc. From 02/24/21

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

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LB - L Brands stock gains after strong profit guidance

L Brands (LB) guides for Q4 EPS of $0.35 and $0.45, which it says represents substantial growth compared to last year when stores were closed for the majority of the quarter. Due to the continued uncertainty in the environment, as well as the impending separation of the Bath & Body Works ...

LB - L Brands EPS beats by $0.05, misses on revenue

L Brands (LB): Q4 Non-GAAP EPS of $3.03 beats by $0.05; GAAP EPS of $3.03 beats by $0.03.Revenue of $4.82B (+2.3% Y/Y) misses by $50M.Comparable sales of +10.0% vs. consensus of +10.2%; Victoria's Secret -3.0% vs. consensus -2.5%; and Bath & Body +22.0% vs. consensus +22.5%.Press Release ...

LB - L Brands Reports Record Fourth Quarter 2020 Results

COLUMBUS, Ohio, Feb. 24, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today reported 2020 fourth quarter and full-year results. Fourth Quarter Results The company reported earnings per share of $3.03 for the fourth quarter ended Jan. 30, 2021, compared to a loss per sh...

LB - L Brands Might Be Shopping Victoria's Secret to Buyout Firms Again

Victoria's Secret might be back on the market. The New York Times reports owner L Brands (NYSE: LB) is sounding out private equity firms to test their willingness to have another go at bidding for the lingerie brand. It was nine months ago the pandemic scuttled L Brands' att...

LB - Wall Street Breakfast: The Week Ahead

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. Economic reports in the week ahead On tap for next week, investors will continue to size up improving economic data and the steady decline in COVID-19 case...

LB - When L Brands Inc $LB Moves Investors should Listen

How do we know what is going on behind the scenes of a company?  According to Stock Traders Daily, a 20-year industry innovator, the best way to do this to to watch the price action in the stock. The L Brands Inc (NYSE: LB) report below is a real world example. Included are trading...

LB - Victoria's Secret Announces Return Of Swim In Stores

Victoria's Secret Announces Return Of Swim In Stores PR Newswire NEW YORK , Feb. 16, 2021 /PRNewswire/ -- The Swim collection at Victoria's Secret is back and better than ever, available online and returning to select stores. The expanded ass...

LB - L Brands Invites You To Listen To Its Fourth Quarter 2020 Earnings Call Webcast

COLUMBUS, Ohio, Feb. 11, 2021 (GLOBE NEWSWIRE) -- In conjunction with the L Brands (NYSE: LB) fourth quarter 2020 earnings release, which will cross the wire after market close on Wednesday, Feb. 24, you are invited to listen to a live webcast of the conference call on Thursday, Feb. 25 at ...

LB - L Brands spin of Victoria's Secret more likely than sale, BMO says

L Brands (LB) is more likely to spin off Victoria's Secret rather than sell it after the lingerie brand's "material improvement,"  according to BMO.BMO notes that recent SPAC craze adds a potential "wildcard" acquirer, according to analyst Simeon Siegel.The stronger Victoria's Secret get...

LB - L Brands to Split Off Victoria's Secret in August

L Brands (NYSE: LB) , the parent company of both the highly successful Bath & Body Works brand and the faltering, scandal-ridden Victoria's Secret, announced multiple upcoming changes today, including a relatively firm timetable for spinning off Victoria's Secret. L Brands s...

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