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L Brands ([[LB]] -2.3%) reshuffled the executive ranks at Victoria's Secret this week, including the position of CEO, as it tries to revive the struggling lingerie brand. Martin Waters, who heads the company's international division, will become CEO and replace John Mehas, who has held the po...
COLUMBUS, Ohio, Nov. 25, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) announced several key leadership appointments at Victoria’s Secret. Effective immediately, Martin Waters was named Chief Executive Officer of Victoria’s Secret Lingerie, replacing John Mehas, who has s...
I discuss the ins and outs of intrinsic value calculation using an evidence-based approach, and come to some unconventional conclusions while affirming some of the basics. In a very long and detailed article, I tackle questions such as whether the discount rate should vary with a comp...
Black Friday and Cyber Monday are posing a new challenge, even with their definitions, for retailers as the government advises against a traditional holiday and stores across the country face lockdown restrictions.The SPDR S&P Consumer Discretionary ETF (XLY), up 0.2% for the week, is a g...
3 Top Retail Stocks To Watch Next Week Most top retail stocks have had a rough year. Especially those who are in the business of cosmetics, fashion, and apparel. When the pandemic struck, many retail stores were forced to close on lockdown orders. Unfortunately, this caused many...
Stock markets failed to maintain an early week rally caused by positive news on a coronavirus vaccine. The second half of the week was marked by a search for direction as the S&P 500 (SP500) clung to gains. The technology-heavy Nasdaq (COMP) was stronger than the broader market. Crude oil...
Victoria's Secret has been a laggard for L Brands. The deal to sell 55% of Victoria's Secret to Sycamore Partners was terminated. Even if L Brands sells Victoria's Secret, the company is overvalued at 25x earnings and the only value I see is from a possible bankruptcy sale. ...
The following slide deck was published by L Brands, Inc. in conjunction with their 2020 Q3 earnings call. For further details see: L Brands, Inc. 2020 Q3 - Results - Earnings Call Presentation
L Brands, Inc. (LB) Q3 2020 Earnings Conference Call November 19, 2020 09:00 ET Company Participants Amie Preston - Senior Vice President, Investor Relations Andrew Meslow - Chief Executive Officer Stuart Burgdoerfer - Interim Chief Executive Officer, Victoria’s Secret and Chief Financ...
Image source: The Motley Fool. LBrands Inc (NYSE: LB) Q3 2020 Earnings Call Nov 19, 2020 , 9:00 a.m. ET Operator Continue reading For further details see: LBrands Inc (LB) Q3 2020 Earnings Call Transcript
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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...