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Things were rough for most nonessential retailers in March and April, thanks to coronavirus-related shutdowns. For L Brands (NYSE: LB) and its Victoria's Secret business, though, they were downright horrible. Total sales at the lingerie brand fell 46% year over year for the fiscal first quar...
Source: Fortune L Brands ( LB ) reported revenue of $1.65 billion, non-GAAP EPS of -$0.99, and GAAP EPS of -$1.07. The company missed on revenue and earnings, yet the stock was over 15% in afternoon trading. I had the following takeaways on the quarter. L Brands Is Shutting Down 250 Vi...
The pounding that the S&P 500 ( SPY ) index is taking has some people questioning what they need to do for solid investment results. With the S&P 500 still down near 10% year to date, but with businesses like Amazon ( AMZN ) and Facebook ( FB ) up 30% and 12% year to date, respectively...
L Brands, Inc. (LB) Q1 2020 Earnings Conference Call May 21, 2020 09:00 ET Company Participants Amie Preston - Chief Investor Relations Officer Andrew Meslow - Chief Executive Officer Stuart Burgdoerfer - Interim Chief Executive Officer, Victoria’s Secret and Chief Financi...
In this episode of Market Foolery , Chris Hill chats with Motley Fool analyst Bill Barker about the latest financial news. They look at biotech and retail companies and answer questions related to the retail apocalypse, stock diversification, and much more. To catch full episodes of all The ...
Retail reopenings are moving steadily forward, and while it's early days, Odeon's Consumer Pulse is looking for "downtrodden" names that have room to run. More news on: Williams-Sonoma, Inc., DICK'S Sporting Goods, Inc., Walmart Inc., Consumer stocks news, Notable Calls Read more ...
The following slide deck was published by L Brands, Inc. in conjunction with their 2020 Q1 earnings Read more ...
L Brands (NYSE: LB ) plans to permanently close about 250 Victoria's Secret stores in the U.S. and Canada in a highly-anticipated move. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...
By Jharonne Martis Sixty seven percent of companies in our Retail/Restaurant Index have reported Q1 2020 EPS. Of the 143 companies in the index that have reported earnings to date, 59% have reported earnings above analyst expectations, 2% reported earnings in line with analyst expectations...
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 . China rhetoric is back in the spotlight as President Trump said the coronavirus "pain and carnage" that spread from the country "a...
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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...