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LB News and Press, L Brands Inc. From 07/13/21

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

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LB - L Brands Announces Commencement of Secondary Offering and the Repurchase of Its Common Stock

COLUMBUS, Ohio, July 13, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (“ L Brands ”) (NYSE: LB) announced today the commencement of an underwritten public secondary offering of 20,041,646 shares of its common stock (the “ Offering ”) by Leslie H. Wexner and ce...

LB - L Brands provides quarter-to-date numbers, increases guidance

L Brands (LB) reports net sales of $2.351B for the nine weeks ended July 3, 2021, vs. $1.369B for the nine weeks ended July 4, 2020.Q2 2020 sales were negatively impacted by the closure of stores for approximately half the quarter due to the COVID-19 pandemic.Bath & Body Works net sa...

LB - L Brands Reports Second Quarter-to-Date 2021 Sales and Increases Second Quarter Earnings Guidance

COLUMBUS, Ohio, July 13, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) reported net sales of $2.351 billion for the nine weeks ended July 3, 2021, compared to net sales of $1.369 billion for the nine weeks ended July 4, 2020. Second quarter 2020 sales were negatively impacted by the cl...

LB - L Brands Inc LB Proactive Strategies

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

LB - Wall Street Breakfast: Billionaire Headlines

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. Congrats to Richard Branson!The 70-year-old founder of Virgin Galactic (NYSE:SPCE) rode the VSS Unity into the lower reaches of space on Sunday morning fol...

LB - L Brands, Inc. Board Approves Separation of Victoria's Secret & Co. and Corporate Name Change to Bath & Body Works, Inc.

COLUMBUS, Ohio, July 09, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today announced that its Board of Directors (the “ Board ”) has approved the previously announced separation of the Victoria’s Secret business into an independent, publicly traded compan...

LB - Tracking Philippe Laffont's Coatue Management Portfolio - Q1 2021 Update

Philippe Laffont’s 13F portfolio value decreased from $26.73B to $18.24B this quarter. Coatue Management increased Snowflake, Amazon.com, XPeng, and Li Auto while decreasing Walt Disney, Tesla, Square, and Peloton Interactive. The largest three positions are DoorDash, Snowf...

LB - Why Torrid Is a Better Investment Than Victoria's Secret

Torrid (NYSE: CURV) just enjoyed a successful initial public offering that raised $231 million and won the company a market valuation of $2.3 billion. Once the sibling of Goth-flavored teen apparel chain Hot Topic, the plus-sized retailer has emerged as the real on-trend chain. ...

LB - When L Brands Inc (LB) Moves Investors should Listen

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

LB - Stocks Receive NFP Boost To Conclude Positive Week

It was a quiet week in stock markets, with many investors seemingly waiting for today's non-farm payrolls report. That came in ahead of estimates, with payrolls adding 850,000 jobs in June compared to 700,000 anticipated. At the time of this writing (3pm on Friday), the S&P 500 (SPY) is u...

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