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In a time of brick-and-mortar retail declines and failures, Boot Barn (NYSE: BOOT) stock is shooting the lights out, increasing 162% in 2019. The company sells Western apparel, boots, and heavy-duty work wear in 33 states and online. With strong revenue growth and margin expansio...
December was yet again a strong month for the market as the S&P500 gained another 2.37%. My portfolio gained only 0.64% as I am continuously lowering my portfolio risk by adding more defensive stocks. However, 2020 started strong for me as I gained more than 2%.My portfolio is still based...
Jefferies is out with its big takeaways from the first day of the ICR Conference in Orlando. More news on: Boot Barn Holdings, Inc., Lululemon Athletica Inc., Guess', Inc., Consumer stocks news Read more ...
L Brands (NYSE: LB) has been plagued by declining sales for both its Victoria's Secret and Pink brands. The retailer announced weaker holiday sales and cut its earnings guidance for the fourth quarter. Its third-quarter sales results also came in below expectations. Shares have droppe...
A rising tide of store closures has put mall owners on the defensive in recent years. Uncertain about how long this "retail apocalypse" might last and how great the damage may be, investors have dumped shares of mall REITs. In fact, over the past three years, sector leader Simon Property Gr...
Shares of L Brands (NYSE: LB) fell 29.4% in value last year, according to data from S&P Global Market Intelligence . The company continued to be a tale of two brands. On one side, the Bath & Body Works business has been L Brands' better half, reporting comp sales growth of 10%...
Source: Fortune It was a strong holiday season for several retailers. L Brands ( LB ) was not one of them. The company reported a drop in holiday sales compared to last year: L Brands now expects to report fourth-quarter earnings of $1.85 per share, down from its previous forecas...
L Brands ( LB +2.8% ) moves higher just a day after reporting weak holiday sales , as Deutsche Bank analyst Tiffany Kanaga upgrades shares to Buy from Hold with a $24 price target, up from $22. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...
It was back in late August when I detailed how a major shakeup was likely needed at retailer L Brands ( LB ). The Victoria's Secret and Bath and Body Works parent had just missed on quarterly revenues and issued guidance that was below expectations. Investors were hoping that the company cou...
The apparel sector is reeling after a string of disappointing holiday sales reports from mall chains, including duds from Kohl's ( KSS -9.3% ) and J.C. Penney ( JCP -11.7% ). More news on: Kohl's Corporation, J. C. Penney Company, Inc., Oxford Industries, Inc., Consumer stocks news, St...
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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...