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Victoria's Secret Owner Reportedly In Talks To Sell The Company
Thursday, January 30, 2020 - 5:00am | 434Billionaire Leslie Wexner is reportedly looking to step down as the chief executive officer of his company L Brands Inc. (NYSE: LB) and sell his stake in the subsidiary brand, the Victoria's Secret. What Happened L Brands is in talks with New York-based private equity firm Sycamore Partners for...
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Barron's Picks And Pans: Conagra, JPMorgan, L Brands, Weight Watchers And More
Saturday, March 2, 2019 - 2:37pm | 485This weekend's Barron's cover story looks at why pharmaceutical giants are making big bets on gene therapy. Other featured articles examine problems with packaged food companies and which high-yield dividends are safest. Also, the prospects for a weight-loss products leader and a fashion...
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Barron's Picks And Pans: Lennar, Invesco, L Brands, VMWare And More
Sunday, March 4, 2018 - 11:55am | 654This weekend's Barron's cover story shows why the U.S. housing market is primed for more gains. Other featured articles examine the prospects for a retailers showing surprising strength and a good stock pick if the market corrects. Also, a merger that might be a bad deal and two...
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Victoria's Secret's Panty Product Performance Goes Negative For First Time Since The Recession
Monday, August 28, 2017 - 4:06pm | 405Analysts at Jefferies discovered an un-sexy trend in L Brands Inc (NYSE: LB) that could hurt the stock. The firm's Randal Konik maintains an Underperform rating on L Brands' stock with an unchanged $30 price target after sales of panties declined for the first time in a "LONG time." During the...
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L Brands: 4 Reasons For Concern
Thursday, August 17, 2017 - 12:29pm | 334L Brands Inc (NYSE: LB) shares hit a new 52-week low, dropping more than 10 percent Thursday after cutting its FY17 EPS outlook, despite delivering a second-quarter earnings beat. The specialty retailer also expects to third quarter earnings to come in below consensus estimates, 25–30 cents...
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Will Alibaba And Home Depot Bring Good News To Retail Earnings Season?
Sunday, August 13, 2017 - 5:28pm | 745More of the big retailers are on deck to report their most recent quarterly results this week. Wall Street is braced for mixed results from the troubled sector again this week. Yet two leading specialty retailers could buck the trend of low expectations. The big-box stores and the major...
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Costco, Buckle, L Brands: A Preview Of July's Retail Sales
Monday, July 31, 2017 - 4:09pm | 547Deutsche Bank has released several new analyst notes offering its take on gauging the retail sector’s performance in July. L Brands: Buy Rating, $60 Price Target Despite L Brands Inc (NYSE: LB)'s recent slowdown, and struggling Victoria's Secret brand, Deutsche Bank analyst Paul...
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Retail Earnings Expectations: Home Depot And Target
Sunday, May 14, 2017 - 12:45pm | 661Reports from two big-box retailers will be among earnings highlights this week. Wall Street analysts expect very different results each of them. Just one of them exceeded earnings expectations in the previous two periods. The parade of big retailers sharing their latest quarterly results has...
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Retail Earnings Parade Continues: Home Depot, Lowe's In The Spotlight
Sunday, May 15, 2016 - 1:37pm | 606The big retailers continue taking their turns on the earnings stage this week. Highlights include the most recent quarterly results from two leading home improvement superstore operators. Wall Street analysts are looking for solid earnings growth from each of them. So far, the most recent...
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Retail Earnings Parade Begins: Target, Wal-Mart In The Spotlight
Sunday, May 15, 2016 - 1:37pm | 586The big retailers continue taking their turns on the earnings stage this week. Highlights include the most recent quarterly results from two leading big-box retailers. Wall Street analysts are looking for earnings growth from one but revenue declines from both. So far, the most recent quarterly...
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Jim Cramer Discusses L Brands Amid New 52-Week Low And Why Mall Owners Aren't Worried
Thursday, May 5, 2016 - 10:58am | 260Shares of L Brands Inc (NYSE: LB) plunged more than 10 percent Thursday morning and hit a new 52-week low of $71.02 after the company reported its April and first quarter sales data. L Brands said total sales for the quarter rose 4 percent from the same period a year ago to $2.614 billion while...
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The Earnings Spotlight Is On Wal-Mart And Other Retail Giants This Week
Sunday, November 15, 2015 - 3:30pm | 822Big-box retailers will highlight the week's quarterly earnings reports. Expectations are low for Wal-Mart Stores, Inc. (NYSE: WMT) and Best Buy Co Inc (NYSE: BBY), but somewhat higher for Home Depot Inc (NYSE: HD) and Target Corporation (NYSE: TGT). Bottom line growth is expected from some other...
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BMO Slashes L Brands Price Target; Long-Term Still 'Compelling'
Wednesday, August 12, 2015 - 4:38pm | 237John Morris, analyst at BMO Capital Markets, lowered the firm's rating on L Brands Inc (NYSE: LB) to Market Perform from Outperform, slashing the price target to $76 from $103 – a 26 percent cut. Near-term, BMO expects that the stock will struggle to gain, though Morris...
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A Preview Of Same-Store Sales At The Gap, L Brands
Tuesday, June 2, 2015 - 10:45am | 465Several retailers release monthly sales metrics to the investment community. Two of the most notable retailers to do so include Gap Inc (NYSE: GPS) and L Brands Inc (NYSE: LB). Here is what Susan Anderson of FBR & Co. is expecting from the retailers May sales. Gap: Comps Under Pressure,...
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L Brands Reports Better-Than-Expected December Same-Store Sales
Thursday, January 8, 2015 - 9:09am | 107L Brands Inc (NYSE: LB) announced Thursday morning December comparable same-store sales rose 4 percent for the five weeks ended January 3, better than the 3.5 percent growth analysts were expecting. Total net sales rose 5 percent during the same period to $2.207 billion. For the 48-week period...