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Source: Barron's Social distancing is in effect to help stem the spread of the coronavirus. Millions of consumers are not shopping as much, which will likely punish retailers over the next few months. L Brands (LB) temporarily closed stores in the U.S. in Canada through March 29th: L ...
L Brands ( LB +28.4% ) soars after Melvin Capital discloses a stake of 5.1% in the retailer. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...
Investors are reading the tea leaves to bet that the worst-case scenarios of extended shutdowns and shelter at home orders may be averted. More news on: Dave & Buster's Entertainment, Inc., Bloomin' Brands, Inc., Darden Restaurants, Inc., Consumer stocks news, Top stock market news, ...
A variety of apparel and footwear stocks are dramatically higher as investors react to green shoots of consumer activity in China. More news on: G-III Apparel Group, Ltd., Lululemon Athletica Inc., Capri Holdings Limited, Consumer stocks news, Stocks on the move, Read more ...
Last month, retailer L Brands (NYSE: LB) reduced its exposure to the lingerie market by selling a 55% stake in Victoria's Secret to private equity firm Sycamore Partners. L Brands still held onto a 45% interest in VS, though -- and now that's looking like that might have been a mistake. I...
Shares of L Brands (NYSE: LB) were sharply lower in midday trading on Tuesday, after the company said that it will temporarily close stores and draw down a line of credit in response to the coronavirus outbreak. As of 1 p.m. EDT, L Brands' shares were down about 17% from Monday's closing pr...
L Brands (NYSE: LB ) will temporarily close all Bath & Body Works, Victoria’s Secret and PINK stores in the United States and Canada, effective March 17 through March 29, 2020. More news on: L Brands, Inc., Consumer stocks news, , Stocks on the move, Read more ...
COLUMBUS, Ohio, March 17, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today announced a number of actions in response to the continued spread of novel coronavirus (COVID-19). Store Closures and Remote Work With the wellbeing of its customers, associates and communities as its ...
Shares of retailers Ulta Beauty (NASDAQ: ULTA) , L Brands (NYSE: LB) , and Designer Brands (NYSE: DBI) were all hit hard in Monday's marketwide sell-off, as investors came to terms with the likelihood that retail shopping in the U.S. and Europe will likely come to a near-halt soon due ...
The mall sector is being hammered after store closings by Nike ( NKE -6.6% ), Patagonia, Apple, Urban Outfitters ( URBN -10% ) and Abercrombie & Fitch ( ANF -15.6% ) were announced. Other chains are reducing their hours. More news on: NIKE, Inc., Urban Outfitters, Inc., Abercro...
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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...