LB - L Brands, Inc.

NYSE - NYSE Delayed Price. Currency in USD
20.16
-0.12 (-0.59%)
At close: 4:05PM EST
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Previous Close20.28
Open20.24
Bid20.21 x 4000
Ask20.28 x 1000
Day's Range19.94 - 20.28
52 Week Range15.80 - 29.02
Volume5,016,221
Avg. Volume7,541,293
Market Cap5.574B
Beta (5Y Monthly)0.79
PE Ratio (TTM)15.19
EPS (TTM)1.33
Earnings DateFeb 25, 2020
Forward Dividend & Yield1.20 (5.92%)
Ex-Dividend DateNov 19, 2019
1y Target Est20.20
  • Helen of Troy, L Brands, Best Buy, Builders FirstSource and Photronics highlighted as Zacks Bull and Bear of the Day
    Zacks

    Helen of Troy, L Brands, Best Buy, Builders FirstSource and Photronics highlighted as Zacks Bull and Bear of the Day

    Helen of Troy, L Brands, Best Buy, Builders FirstSource and Photronics highlighted as Zacks Bull and Bear of the Day

  • 2019 Holiday Retail Sales Rise 4.1%, Online a Key Driver
    Zacks

    2019 Holiday Retail Sales Rise 4.1%, Online a Key Driver

    A sturdy labor market, rising income and improving confidence certainly encouraged consumers to spend more. While bargain hunters did hit the streets, enthusiasm for online shopping was palpable.

  • Signet (SIG) Stock Up on Solid Holiday Sales, Upbeat View
    Zacks

    Signet (SIG) Stock Up on Solid Holiday Sales, Upbeat View

    Signet (SIG) delivers better-than-expected holiday sales. Also, the company raises its fourth-quarter and fiscal 2020 view.

  • Bear of the Day: L Brands (LB)
    Zacks

    Bear of the Day: L Brands (LB)

    Bear of the Day: L Brands (LB)

  • Target Posts Soft Holiday Sales, Trims Comparable Sales View
    Zacks

    Target Posts Soft Holiday Sales, Trims Comparable Sales View

    Soft sales across key seasonal merchandise categories hurt Target's (TGT) holiday sales. The company now expects fourth-quarter comparable sales to rise in line with its November/December performance.

  • Lululemon bucks the weak holiday sales trend and raises guidance
    MarketWatch

    Lululemon bucks the weak holiday sales trend and raises guidance

    Lululemon Athletica Inc. bucked the weak trend in the retail sector reflected in the first pre-announcements from the holiday season, reporting strong sales and raising its guidance. The yoga-pants producer said it now expects revenue to range from $1.37 billion to $1.38 billion and earnings per share to range from $2.22 to $2.25. Lululemon stock is up 4.5% for the week to date, and has soared 73% over the last year to outperform major benchmarks.

  • 5 Guru Stocks With Predictable Businesses
    GuruFocus.com

    5 Guru Stocks With Predictable Businesses

    JetBlue Airways makes the list Continue reading...

  • New Strong Sell Stocks for January 15th
    Zacks

    New Strong Sell Stocks for January 15th

    Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today

  • American Eagle (AEO) Stock Up on Impressive Holiday Sales
    Zacks

    American Eagle (AEO) Stock Up on Impressive Holiday Sales

    American Eagle (AEO) witnesses strong holiday sales backed by robust growth in AE brand's signature jeans range and solid performance at Aerie.

  • Boot Barn Posts Solid Preliminary Q3 Results, Holiday Numbers
    Zacks

    Boot Barn Posts Solid Preliminary Q3 Results, Holiday Numbers

    Boot Barn's (BOOT) preliminary results for Q3 reflect growth in earnings, sales and same-store sales. Additionally, the company posts same-store sales for the November-December period.

  • Another sign of the retail-pocalypse as e-commerce ETF overtakes one that tracks bricks and mortar
    MarketWatch

    Another sign of the retail-pocalypse as e-commerce ETF overtakes one that tracks bricks and mortar

    There’s now more money in an exchange-traded fund that tracks online retailers than one made up of mostly bricks-and-mortar companies.

  • Barrons.com

    Sales at Victoria’s Secret Are Dropping. Here’s Why Stock in Its Owner, L Brands, Is Rising.

    L Brands stock continued to rise on Friday even though the company reported declining holiday sales.

  • Kohl's (KSS) Stock Down on Soft Holiday Comps & Guidance
    Zacks

    Kohl's (KSS) Stock Down on Soft Holiday Comps & Guidance

    Kohl's (KSS) holiday period comps drop 0.2% year over year. The company now envisions fiscal 2019 earnings to come at the lower end of its previously guided range.

  • Urban Outfitters (URBN) Falls Despite Holiday Sales Increase
    Zacks

    Urban Outfitters (URBN) Falls Despite Holiday Sales Increase

    Urban Outfitters (URBN) registers sales increase across all brands except its flagship brand and cautions about fourth-quarter gross profit margin.

  • L Brands (LB) Posts Soft Holiday Sales, Trims Earnings View
    Zacks

    L Brands (LB) Posts Soft Holiday Sales, Trims Earnings View

    L Brands (LB) slashes earnings per share view for the final quarter in spite of solid performance of the Bath & Body Works brand.

  • JC Penney Stock Down More Than 10% on Dismal Holiday Sales
    Zacks

    JC Penney Stock Down More Than 10% on Dismal Holiday Sales

    JC Penney's (JCP) holiday sales might have been hurt by stiff competition from e-commerce players.

  • Here Are The Haves And Have-Nots Of Retail Stocks As Holiday Sales Tallied
    Investor's Business Daily

    Here Are The Haves And Have-Nots Of Retail Stocks As Holiday Sales Tallied

    It was not a very merry Christmas for JCPenney, Kohl's and Victoria's Secret parent L Brands. The retail stocks broadly fell Thursday.

  • Victoria’s Secret Is Fading Into Obscurity, Jefferies Warns
    Bloomberg

    Victoria’s Secret Is Fading Into Obscurity, Jefferies Warns

    (Bloomberg) -- Victoria’s Secret lingerie is sinking into irrelevance, Jefferies analyst Randal Konik said on Thursday after the company’s parent reported a drop in holiday sales.L Brands Inc. reported Thursday that quarter-to-date comparable sales at Victoria’s Secret sank 12%, while store traffic was down by the mid-teens -- worrisome signs for a company that’s struggled with changing consumer preferences. Increased promotional activity also crimped margins. Pink, which is the company’s young adult-focused brand, reported that same-store sales plunged by a mid-teens percentage rate.Konik also said Pink’s weak results implied the brand “is not wanted any longer.” In a meeting with investors last year, L Brands executives touted the brand as a key part of its growth strategy.L Brands representatives didn’t reply to a request for comment about Konik’s statements. It’s not the first time the analyst has strongly recommended against investing in L Brands.Despite the report, L Brands shares rose as much as 6.3% on Thursday. Konik said bullish investors may be betting that the performance at Victoria’s Secret and Pink is “so bad it will force a split” of the brand from the better-performing L Brands company, Bath & Body Works.B. Riley FBR’s Susan Anderson agrees with that assumption, writing that Street expectations for a Bath & Body spinoff have increased. She estimates the Bath & Body Works unit could be worth $30 alone as a “best-in-class retailer.” She rates L Brands buy, with a 12-month price target on the company of $30.Konik said Bath & Body Works results, however, are “not as good as you think.” While comparable sales rose 9% during the holiday period, he highlighted deteriorating margins. This trend is “a canary in the coal mine, as it tells you that the peak of cycle has been reached” for the brand.Konik rates the shares underperform. He reduced his price target to a Street-low $12 per share, from $14. He predicts Victoria’s Secret and Pink will “collapse and start losing money” while Bath & Body Works sales will deteriorate and margins decline. That will result in lower profit and a cut to the dividends, he said.(Adds B. Riley FBR comments in sixth paragraph)To contact the reporter on this story: Janet Freund in New York at jfreund11@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Jonathan RoederFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.

  • Continue to Stay Away From Naked Brands Stock
    InvestorPlace

    Continue to Stay Away From Naked Brands Stock

    Penny stocks are almost always high-risk, high-reward investments. Some of them are worth buying because they have visible and realistic pathways to at least tripling.Source: Tinseltown / Shutterstock.com That's why I've recommended some penny stocks before, like struggling department store operator Stage Stores (NYSE:SSI), Chinese premium electric vehicle maker NIO (NYSE:NIO), and hydrogen fuel cell maker Plug Power (NASDAQ:PLUG); all three of those penny stocks are up several times from their 2019 lows.But most penny stocks aren't worth investors' time or money because they don't have visible or realistic pathways to escaping penny-stock status. One such penny stock is Naked Brands (NASDAQ:NAKD), a largely irrelevant, unprofitable, and indebted intimate apparel company. NAKD stock price has dropped from a split-adjusted price tag of over $80 a year ago to under $2 today.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNAKD stock will continue to persistently fall for the foreseeable future because it lacks a clear and convincing pathway to profitability, making the debt load on its balance sheet seem like a ticking time bomb that will ultimately sink NAKD's ship.In other words, there's no reason to buy NAKD stock at this point. Zero is ultimately where this stock will go. Don't try to catch this falling knife on its way to worthlessness. * 8 of the Strangest Stocks Worth Your Time Naked Brands Has ProblemsThere are three big problems with Naked Brands. The first can be summed up succinctly: no one wants to buy what Naked Brands is selling.Naked Brands owns a portfolio of men's and women's intimate apparel brands, including various brands from Heidi Klum, Hickory, Bendon, and others. These brands are largely irrelevant in a a very crowded intimates marketplace that is dominated by L Brands (NYSE:LB), American Eagle (NYSE:AEO), Hanesbrands (NYSE:HBI), and many, many more.During Naked's fiscal 2019, its sales dropped 15% year-over-year, as U.S. retail sales were growing at a steady 3%-4% clip. Through the first half of Naked's FY20, the U.S. retail sales market has continued to grow at a steady 3%-4% clip. At the same time, Naked's sales have continued to plunge, dropping more than 25% year-over-year.In other words, the writing is on the wall for NAKD. No one wants to wear Hickory underwear or Bendon underwear. Considering how small these brands are -- Naked's sales were just $77 million last year -- and also considering how competitive the intimates marketplace is, it is very unlikely that trends will change in favor of NAKD anytime soon.So for the foreseeable future, demand headwinds will continue to weigh on Naked's sales growth. Profits Aren't ComingThe second and third problems with NAKD stock can also be summed up succinctly: Naked Brands won't strike a profit anytime soon, and because of that, the company's high debt will sink NAKD stock.Naked Brands won't be profitable anytime soon. Just look at the numbers. Its revenue is between $60 million and $80 million, with 30% to 35% gross margins, and an annual operating expense rate of about $50 million to $60 million. That combination won't produce profits.In order to become profitable, Naked Brands has to either: 1) essentially double its revenues to $150 million to offset its $50 million in annual operating spending and do so without upping its other expenses, or 2) cut its annual operating spending rate by more than half without losing any revenue.Neither of those things is going to happen. NAKD's sales won't turn the corner because of demand and competition issues. Its expenses won't drop because its management has been unable to cut expenses for several years, and any meaningful cost-cutting today would be accompanied by further sales erosion.As a result, Naked Brands will forever remain unprofitable.That puts tremendous pressure on the company's balance sheet, which features a lot of debt and little cash. Ultimately, if Naked Brands cannot become profitable, debt will sink NAJD, and NAKD stock will drop to zero. The Bottom Line on NAKD StockSome high-risk, high-reward penny stocks are worth buying. NAKD stock is not one of them. The shares of this largely irrelevant, unprofitable, and heavily indebted intimate apparel company aren't worth buying until its management can show that there is a clear and convincing pathway towards profitability and sales stabilization.As of this writing, Luke Lango was long NIO and PLUG. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 of the Strangest Stocks Worth Your Time * 7 Stocks to Buy That Trump's Tax Cut Truly Rewarded * 5 Stocks That Could Double in 2020 The post Continue to Stay Away From Naked Brands Stock appeared first on InvestorPlace.

  • Benzinga

    Weak Holiday Comp Sales Reports Drive Traditional Retail Stocks Down

    Weak holiday sales reports sent Kohl's Corporation (NYSE: KSS) and JC Penney Company Inc (NYSE: JCP) shares tumbling Thursday while bolstering the notion of a humbug holiday for traditional retailers who couldn't compete with online sellers. Kohl's stock was down more than 9% Thursday as BofA lowered its rating on the stock. JC Penney saw a much bigger drop, with sales off 7.5% in the nine-week holiday period.

  • Victoria's Secret sales drop, leading to weak holiday season for L Brands
    American City Business Journals

    Victoria's Secret sales drop, leading to weak holiday season for L Brands

    The company, like other retailers, was faced with a shorter-than-normal holiday season that its leaders anticipated would be an uphill battle.

  • MarketWatch

    Victoria's Secret parent L Brands reports holiday sales decline, cuts guidance

    L Brands Inc. said Thursday that sales for the nine weeks ending Jan. 4 were $3.906 billion, down from $4.072 billion last year. Comparable store sales fell 3%. L Brands' portfolio of names includes Victoria's Secret and Bath & Body Works. L Brands joins Macy's Inc. , Kohl's Corp. and J.C. Penney Co. Inc. , which all reported holiday season comparable store sales declines. L Brands expects fourth quarter earnings per share of $1.85, down from previous guidance for $2.00. The FactSet consensus is for $1.97. L Brands stock is down 1.4% in Thursday premarket trading and down 35.7% for the past year. The S&P 500 index has gained 26% for the period.

  • Benzinga

    Benzinga Pro's Top 5 Stocks To Watch For Thurs., Jan. 9, 2020: AAPL, LB, TUFN, VBIV, ELTK

    Benzinga Pro's Stocks To Watch For Thursday Apple (AAPL) - Shares were up more than 1% in pre-market activity following data out of the company highlighting strong year-end growth to its App Store. The ...

  • GlobeNewswire

    L Brands Reports Holiday 2019 Sales and Updates Fourth Quarter Earnings Guidance

    COLUMBUS, Ohio, Jan. 09, 2020 -- L Brands, Inc. (NYSE: LB) reported net sales of $3.906 billion for the nine weeks ended Jan. 4, 2020, compared to net sales of $4.072 billion.

  • TheStreet.com

    L Brands Rises Despite Guidance Cut by Victoria's Secret Parent

    L Brands, which also owns Bath & Body Works and Pink along with Victoria's Secret, reports a 3% drop in same-store sales for the holiday season.