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American Eagle ( AEO ) is an iconic retail brand which even prior to the coronavirus crash faced the struggles of declining margins. Valuations have become cheap enough to make AEO a very compelling pick at a low single-digit multiple of earnings. AEO has a strong balance sheet with net cash a...
Canopy Growth (NYSE: CGC) has a pair of new faces in its boardroom. On Wednesday, the company said it appointed two new directors to its board, Terry Yanofsky and David Lazzarato. The appointments are effective immediately. The newcomers replace the outgoing John Bell and Peter Stringham. B...
Source: Fortune According to Women's Wear Daily, the sale of Victoria's Secret by L Brands ( LB ) could be in jeopardy: Parent company L Brands ’s deal to sell a 55-percent stake of the Victoria’s Secret lingerie and beauty divisions, along with the Pink business...
Apparel stocks are being particularly hard hit today as investors size up an even longer period of stay-at-home orders from local and federal officials. Highlighting that point Virginia's stay-at-home directive was extended until June 10. More news on: G-III Apparel Group, Ltd., Kontoor Br...
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 . Looking to extend the recent rally in equities and close Q1 on a more positive note, futures climbed another 0.7% overnight, bu...
L Brands' ( LB -8.9% ) deal to sell a 55% stake of the Victoria’s Secret business to private equity firm Sycamore Partners is up in the air amid the massive disruption in the retail sector from the pandemic, reports Women's Wear Daily . More news on: L Brands, Inc., Consumer st...
Ten days ago , L Brands (NYSE: LB) announced that in response to the growing threat of the coronavirus pandemic , it would "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." Now, it's...
L Brands (NYSE: LB ) says it's extending the closure of its stores beyond the initial date set for March 29. More news on: L Brands, Inc., Consumer stocks news, Read more ...
COLUMBUS, Ohio, March 27, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today provided additional updates on actions it is taking, following its initial March 17, 2020 announcement related to the novel coronavirus pandemic (COVID-19). Store and Direct Operations On March 17, 2020,...
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 ...
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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...