-
Next Green Wave's CMO On Seed-To-Sale Business Plan, M&A Opportunities, Carey Hart Partnership
Thursday, September 19, 2019 - 4:42pm | 916By Javier Hasse and Natan Ponieman. While Next Green Wave Holdings (OTC: NXGWF) has been around for a while, it first caught our attention when the company announced it has finalized a $27-million deal to acquire the consumer products goods and extraction leader SD Cannabis. Only a few months...
-
L Brands Analyst Day Has Wall Street Playing Wait-And-See On Victoria's Secret Turnaround
Wednesday, September 11, 2019 - 4:30pm | 758L Brands Inc (NYSE: LB) hosted an analyst day this week, and much of the focus was on the embattled Victoria’s Secret brand. The company provided a longer-term goal for the brand to achieve 10-15% operating margins. BofA Stays Sidelined The margin goal is unrealistic given changes in...
-
Wedbush: American Eagle Bull Case Is Priced Into The Stock
Monday, August 27, 2018 - 10:44am | 335With the stock up more than 40 percent since mid-May, Wedbush is dropping its bullish stance on retailer American Eagle Outfitters (NYSE: AEO). The Analyst Wedbush's Jen Redding downgraded American Eagle Outfitters from Outperform to Neutral with an unchanged $29 price target. The...
-
Troubled Victoria's Secret Triggers Morgan Stanley's Downgrade Of L Brands
Friday, August 24, 2018 - 1:04pm | 427Victoria’s Secret's struggles continue to make L Brands (NYSE: LB) a wait-and-see story, according to Morgan Stanley. The Analyst Morgan Stanley’s Kimberly Greenberger downgraded L Brands from Overweight to Equal-Weight and maintained a $32 price target....
-
Victoria's Secret Is Dragging On L Brands, Analysts Say After Q2 Print
Thursday, August 23, 2018 - 3:56pm | 721L Brands Inc (NYSE: LB) may have beaten estimates in its second-quarter report Wednesday, but shares are still reeling after the retailer cut its 2018 EPS estimate. The company's flagship Victoria's Secret appears to be stuck in its ways and struggling with a changing fashion consumer...
-
Jefferies Remains Bearish On L Brands Amid PINK's Slight Comp Positive, 'Far Off' Improving Trends
Thursday, May 18, 2017 - 11:26am | 429Jefferies analyst Randal Konik's bearish stance on L Brands Inc (NYSE: LB) remains unchanged despite the retailer reporting a better-than-expected earnings report and issued strong forward looking guidance. The analyst maintains an Underperform rating on L Brands' stock with an unchanged $35 price...
-
Morgan Stanley Highlights Winners And Losers From Holiday Shopping Weekend
Monday, November 28, 2016 - 12:04pm | 547Specialty retail and departmental stores witnessed mixed Black Friday weekend sales versus 2015, with e-commerce remaining “the clear winner” and in-store revenue continuing to be under pressure, Morgan Stanley’s Kimberly C. Greenberger said in a report. In-Store Mixed, E-Commerce...
-
L Brands' Q3 Guidance Highlights Brick-And-Mortar Troubles
Thursday, August 20, 2015 - 6:50am | 546L Brands Inc (NYSE: LB) announced weaker-than-expected guidance for the third quarter, which could point to the growing problems endured by most traditional retailers. The company, which owns Victoria's Secret, Pink, Bath & Body Works, La Senza and Henri Bendel, reported a second...
-
Wunderlich: L Brands 'Trumps Black Friday Woes,' Momentum To Continue
Thursday, December 4, 2014 - 11:29am | 201L Brands Inc (NYSE: LB) reported on Thursday total November comps rose 8 percent from a year ago, driven by strong performances at Victoria Secret, PINK and Bath & Body Works. Danielle McCoy commented in a note on Thursday that L Brands focused on gifting, strong product collections,...