LB News and Press, L Brands Inc. From 07/18/21

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G0d4ather/iStock via Getty Images The WallStreetBets crowd has put the options spolight on deep-out-of-the-money calls for those beetting on a huge stock price surge. But for those who own shares where they see just a little upside from current levels, writing (selling) covered calls can be a...

Splitting the controversial Victoria's Secret clothing and lifestyle brand off as its own stand-alone company now has an official date and added details, according to a recent press release from parent company L Brands (NYSE: LB) . Approved by L Brands' Board of Directors on Jul...

Maybe casual Fridays are dominated by jeans and other denim products, but last Thursday was Levi Strauss & Co’s day (NYSE: LEVI). Both sales and earnings for fiscal second quarter topped the analysts’ forecasts, as the demand for famous denim products is on the rise in Chi...

L Brands (LB) has priced its secondary offering of 20,041,646 shares of common stock by Leslie H. Wexner and certain affiliated selling stockholders at $74.50/share, for an aggregate purchase price of $1.49B.The company will not receive any proceeds from the offering.Closing date is July 19. ...

COLUMBUS, Ohio, July 14, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (“ L Brands ”) (NYSE: LB) announced today the pricing of the previously announced underwritten public secondary offering of 20,041,646 shares of its common stock (the “ Offering ”) by Leslie...

3 Top Retail Stocks To Watch This Week Retail stocks could be in focus in the stock market this week as investors eagerly await second-quarter earnings figures. After all, most names in the retail space would likely have seen solid quarters thanks to an uptick in consumer spendi...

Company raised Q2 EPS guidance to $1.20-1.30 from $0.80-1.00 and street estimates of $1.01. Announced fantastic sales growth at Bath & Body Works and decent growth at Victoria's Secret versus Q2 2019. Announced capital structures for the two soon to be separated divisions. ...

L Brands (LB) announces the commencement of an underwritten secondary offering of 20M shares.The company also said that it has agreed to repurchase an aggregate of 10M shares directly from one of the selling stockholders.L Brands said that it intends to fund the repurchase with cash on hand, ...

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...