LB News and Press, L Brands Inc. From 03/26/21

COLUMBUS, Ohio, March 26, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today is increasing its first quarter earnings guidance due to improved sales trends which the company believes are primarily driven by unusual shifts in consumer spending patterns, resulting from government stimul...

L Brands (LB) founder Les Wexner sold about 3.05M shares out of trusts on March 22, according to SEC filings. The shares were sold at a price of $58.31. Wexner still holds more than 10% of L Brands through various family trusts. L Brands is up 0.02% premarket to $57.30. Wexner is leaving the ...

Are These Trending Retail Stocks A Good Buy Right Now? Safe to say, it has been an interesting year for the retail industry. If anything, the pandemic has shown that not all retail stocks are made equal. After all, the e-commerce sector of the industry exploded onto the scene wh...

L Brands ([[LB]] -0.2%) says longtime leader Les Wexner and his wife Abigail will not stand for re-election to its board at the annual shareholders meeting in May.Les Wexner served as CEO from 1963 until early 2020, and he was the longest-serving CEO of an S&P 500 company when he retired ...

Often, the action in a stock is based on investors perceptions, but it can be a circular event.  Not only is the price action representative of perception, but it can influence perception too.  In the case of L Brands Inc (NYSE: LB) we can see this in the charts.  The dat...

– APPOINTS FRANCIS A. HONDAL AND DANIELLE LEE TO BOARD OF DIRECTORS – – LES AND ABIGAIL WEXNER WILL NOT STAND FOR REELECTION TO BOARD IN MAY 2021 – COLUMBUS, Ohio, March 18, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today announced that...

Stephen Mandel’s 13F portfolio value increased ~19% from $23.20B to $27.51B. The number of positions increased from 32 to 41. Lone Pine Capital increased MercadoLibre and DexCom while dropping PayPal and Capital One Financial. The top three positions are Shopify, Coupa Soft...

Are These The Top Consumer Discretionary Stocks To Invest In Now? After much deliberation, President Joe Biden’s $1.9 trillion COVID relief package is on its way to millions of Americans. For consumer discretionary stocks , this could mean even more attention from investo...

Telsey Advisory Group lifts its price target on L Brands (LB) to $65 from $54 after seeing continued momentum in the retailer's Q4 results.Analyst Dana Telsey: "The company's ability to deliver a compelling offering at both brands, while pulling back on promotional activity helped drive signi...

COVID-19 pandemic has certainly influenced stock market winners and losers. Within the Russell 1000, the weakest performing stocks are a mix of biotechnology and utilities firms suffering from company specific issues. Analysts polled by Refinitiv are bearish on travel related comp...