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L Brands (LB): Q3 Non-GAAP EPS of $1.13 beats by $1.03; GAAP EPS of $1.17 beats by $1.16.Revenue of $3.06B (+14.2% Y/Y) beats by $380M.Comparable sales of +28% vs. consensus of +10.8%; Victoria's Secret +4% vs. consensus (2.6%); and Bath & Body +56% vs. consensus +36.3%.Shares +6.2%.Press...
COLUMBUS, Ohio, Nov. 18, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today reported 2020 third quarter results. Third Quarter Results The company reported earnings per share of $1.17 for the third quarter ended Oct. 31, 2020, compared to a loss per share of $0.91 for ...
L Brands (NYSE:LB) is scheduled to announce Q3 earnings results on Wednesday, November 18th, after market close.The consensus EPS Estimate is $0.10 vs. $0.02 year ago and the consensus Revenue Estimate is $2.68B (flat Y/Y).Analysts expects Comps of +10.8% and gross margin rate of 35.4%.O...
In its recent 13F filing, Coatue Management reported a significant growth in total fund portfolio value to $19.05B from $11.37B in the earlier quarter.Notable buys: Best Buy (BBY), Expedia (EXPE), American Eagle Outfitters (AEO), L Brands (LB) and Gap (GPS).Q3 portfolio activity included nume...
The pandemic has disrupted many retail businesses. But strong ones were able to ride it out and are mostly back to growth. Companies that were struggling beforehand, however, have been filing for Chapter 11 bankruptcy protection at an alarming rate. Is L Brands (NYSE: LB) next in li...
COLUMBUS, Ohio, Nov. 03, 2020 (GLOBE NEWSWIRE) -- In conjunction with the L Brands (NYSE: LB) third quarter 2020 earnings release, which will cross the wire after market close on Wednesday, Nov. 18, you are invited to listen to a live webcast of the conference call on Thursday, Nov. 19 at 9...
Apparel stocks are having a big day ahead of what could be a bouncy few days of trading following the U.S. election. Notable gainers include Designer Brands ([[DBI]] +7.9%), Boot Barn ([[BOOT]] +6.9%), G-III Apparel ([[GIII]] +6.2%), Gap ([[GPS]] +6.0%), Duluth Holdings ([[DLTH]] +4.9%), Amer...
Wells Fargo call L Brands (LB) one of its top long ideas and hikes its price target on the retailer to $45 from $40 "LB could possibly post the most upside to numbers in 3Q across our entire universe. The combination of BBW’s momentum and VS’ stabilization should add more firepo...
As it continues to bounce back from its COVID-19 and pre-pandemic low fortunes, L Brands (NYSE: LB) received yet another upgrade from J.P. Morgan forecasting an even more dramatic upside. Previously, the bank's analysts tagged the company as having a likely 30% upside over current...
JPMorgan keeps L Brands ([[LB]] -0.3%) slotted at Overweight and tagged as an Analyst Focus List pick after meeting with management and with recent fieldwork pointing to potential incremental Q3 same-store-sales and gross margin upside. JP's bull pitch: "The combination of (i) BBW high-s...
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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...