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COLUMBUS, Ohio, Sept. 09, 2019 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) invites you to listen to the live webcast of its investor update meeting on Sept. 10, 2019. Executive leadership will provide an update on the strategies for the company and its brands. Live Webcast...
NEW YORK , Sept. 6, 2019 /PRNewswire/ -- Victoria's Secret, America's #1 fragrance brand*, introduces Bombshell Intense, the sensual new scent that joins the award-winning Bombshell Fragrance Collection. To celebrate the launch, Angel Sara Sampaio—the face of the campaign—ho...
American Eagle Outfitters ' (NYSE: AEO) stock recently plunged to a 52-week low after the apparel retailer posted its second-quarter earnings. It topped Wall Street's estimates, but its growth was buoyed by a one-time gain, and it offered mediocre guidance for the third quarter. AEO's revenu...
This morning, the S&P is back to our strong bounce line at 2,910 and maybe we get back to 3,000 or even 3,300 on a trade deal but if we get that we'll lose the Fed cut - as there would be no point - the trade war is their premise for cutting. I'm very tempted to call for cashing out as...
It's been a rough ride for L Brands ( LB ) stock over the past five years, as shares have shed 70% of their value over that stretch amid a broad slowdown in one of the company's two core businesses - Victoria's Secret. The VS business started bleeding back in 2016. It hasn't stopped bleeding e...
Articles like these always give me mixed feelings. I am happy that my call to stay 'very far away' from this stock turned out to be a life saver as the company continues to report horrendous results. On the flip side, we once again have to look at companies that struggle to turn things aroun...
High dividend yields make me very suspicious. This is a 2-3% world that we currently live in. When I see a dividend yield well in excess of that I have to assume that there is something wrong with the underlying stock. There almost always is. Let’s take a look at two well-known stocks...
One of my best short ideas over the past 12 months has been retailer L Brands ( LB ), known for Victoria's Secret as well as Bath and Body Works. Between a debt heavy balance sheet and a business that was seeing margin compression, I was worried the stock would fall into the low $20s. Not on...
L Brands (NYSE: LB) , the parent company of Victoria's Secret and Bath & Body Works, lost about 40% of its value over the past 12 months amid concerns about its lingerie brand's slowing growth. A dividend cut last December, a brief activist battle , controversial comments about tr...
Major market benchmarks waffled between positive and negative territory on Thursday as investors weighed a slate of mostly strong earnings reports against comments from U.S. Federal Reserve officials indicating the central bank is unlikely to reduce rates again next month. The Dow Jones In...
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2024-07-24 12:15:02 ET Johnson Rice analyst issues BUY recommendation for LB on July 24, 2024 10:57AM ET. LB was trading at $28.95 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analyst recommendations are : 7 - Buy, 3 - Hold recomme...
2024-07-23 15:00:04 ET John Mackay from Goldman Sachs issued a price target of $35.00 for LB on 2024-07-23 12:30:00. The adjusted price target was set to $35.00. At the time of the announcement, LB was trading at $28.92. The overall price target consensus is at $58.83 wi...
2024-07-23 15:00:04 ET Mark Lear from Piper Sandler issued a price target of $30.00 for LB on 2024-07-23 12:30:00. The adjusted price target was set to $30.00. At the time of the announcement, LB was trading at $28.92. The overall price target consensus is at $58.83 with...