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LB News and Press, L Brands Inc. From 05/19/21

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

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LB - L Brands EPS beats by $0.04, beats on revenue

L Brands (LB): Q1 Non-GAAP EPS of $1.25 beats by $0.04; GAAP EPS of $0.97 in-line.Revenue of $3.02B (+83.0% Y/Y) beats by $170M.Shares +0.6%.Press Release For further details see: L Brands EPS beats by $0.04, beats on revenue

LB - L Brands Appoints Chief Financial Officers for Bath & Body Works and Victoria's Secret Standalone Businesses

COLUMBUS, Ohio, May 19, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today announced the appointment of Chief Financial Officers for the standalone Bath & Body Works and Victoria’s Secret businesses. Upon the completion of the spin-off of Victoria’s Secret, which is ...

LB - L Brands Reports Record First Quarter Earnings

COLUMBUS, Ohio, May 19, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today reported first quarter 2021 earnings results. The company reported earnings per share of $0.97 for the first quarter ended May 1, 2021 compared to a loss per share of $1.07 for the first quarter ended May 2...

LB - Top Buys From The Best Money Managers (Q1 2021)

On May 17th, institutional investment managers with more than $100 million AUM had to disclose their positions at the end of Q1 2021. I curated a list of some of the best-performing hedge funds and looked into their holdings at the end of March 2021. Several common themes appear w...

LB - Wall Street Breakfast: Retail Earnings Parade

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. Retail earnings paradeFutures movement overnight suggests another down day for the U.S. stock market as inflation fears continue to weigh on sentiment and ...

LB - Gap, Capri and Ralph Lauren headline list of top Wells retail picks

Wells Fargo says investor sentiment across the retail space has become much more challenged in recent weeks even with some material beats across the sector.The firm thinks the near-term setup has become more difficult to navigate, but it remains bullish on the U.S. consumer even as it looks t...

LB - 7 Earnings Reports to Watch Next Week

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Editor’s Note: This article is regularly updated to bring you relevant, up-to-date information. Earnings season rolls on and, so far, results from multiple earnings reports have been exceptionally strong. Compani...

LB - Wall Street Breakfast: Is It Transitory?

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. Is it transitory?Get ready for some early action this morning as the consumer price index for April is published at 8:30 a.m. ET. The figure is expected to...

LB - L Brands Ditches Victoria's Secret Sale, Will Spin Off Instead

L Brands (NYSE: LB) announced Tuesday it will spin off its Victoria's Secret brand into a stand-alone business. The New York Times reports Victoria's Secret just didn't hold much allure with potential buyers who refused to pony up for the retailer, perhaps similar to h...

LB - L Brands to split into two independent publicly traded companies

L Brands Inc. (NYSE: LB) cancelled its plans of selling Victoria’s Secret as its Board of Directors authorised splitting the company on Tuesday into two independent, publicly traded companies, Victoria’s Secret and Bath & Body Works. L Brands shares were a litt...

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