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L Brands (NYSE: LB ) sinks after confirming that it's agreeing to terminate the planned Sycamore Partners investment in Victoria's Secret. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Earnings news and commentary, Read more ...
Mutual Agreement with Sycamore Partners to Terminate Previously Announced Transaction Remains Committed to Establishing Bath & Body Works as a Pure-Play Public Company; Taking Necessary Steps, Including Implementing Cost Reductions and Performance Improvements, to Prepare Vi...
L Brands ( LB ) and Nordstrom ( JWN ) are the worst-performing blue-chip retailers in my computer momentum screens at the end of April. Both have operations heavily hit by government-mandated quarantine shutdowns at your local mall location, from the coronavirus pandemic. While each has so...
It's the first major retailer to fall during the coronavirus pandemic, but it's unlikely to be the last. More news on: Capri Holdings Limited, Dillard's, Inc., L Brands, Inc., Consumer stocks news, Read more ...
American Eagle Outfitters ' (NYSE: AEO) stock plunged nearly 70% over the past 12 months as the apparel retailer grappled with slowing sales growth, contracting margins, and the COVID-19 pandemic. It also closed its stores, deferred its dividend payment, and recently priced a new offering of&...
Source L Brands, Inc. (LB) was hanging by a thread when I first wrote about the company in late-January. The only way for the company to get out of the waters, back then, was to sell the struggling Victoria's Secret ((VS)) segment. A few weeks after I published my article on L Brands, th...
With economies making more than baby steps into reopening in some states, Odeon's latest Consumer Pulse look starts to pick through beaten-down names - whether essentials or not - as well as mall operators that are down 50% from this year's highs. More news on: Simon Property Group, Inc., ...
COLUMBUS, Ohio, April 30, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today announced that the company has amended its revolving credit facility and continues to take proactive measures to appropriately manage costs and expenditures and ensure liquidity in light of the ongoing coro...
The stock of L Brands (NYSE: LB) soared more than 12% on Tuesday despite receiving a credit downgrade from ratings agency Moody's , which cited the rising likelihood that its deal to sell controlling interest in the Victoria's Secret brand would not be completed. A downgrade with the ...
Investors continue to warm up to the apparel sector as visibility improves on store reopenings. While social distancing guidelines will restrict traffic significantly, analysts think there could be some pent-up demand. More news on: PVH Corp., Capri Holdings Limited, Ralph Lauren Corporati...
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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...