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L Brands, Inc. (LB)
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Both $LB and $JWN posted this quarter surprise earnings. JWN is today 20% up. This is a great sign for NAKD to hit the bew highs and especially add to that the yet to come shopping season. Buy these dips you won’t get disappointed
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Both $LB and $JWN posted this quarter surprise earnings. This is a great sign for NAKD to hit the new highs and especially add to that the yet to come shopping season. Earning late this month shoulf be epic
Royally beat expectations. $1.13 reported versus $0.06 expected. $3.06 billion versus $2.67 billion expected
1/3 of the BBW sales (profit portion of Q3 earnings) came from hand sanitizer and soaps. I see a steady decline in these products when the vaccine comes out. Look at the decline of the stock price over the last couple years. I really don't think this company can turn it around for much longer.
The stock has been PUT heavy for quite some time - the conspiracy theorist in me tells me that's why the stock has been moving up. I sold out in the high 20's and have no regrets (used the money on PINS).
Remember SHLD? Such an easy play right? Even if you bought LEAPS they kept the stock up for YEARS. We all knew it would crash and burn, but some people can keep things afloat longer than you can stay solvent. In any case that's why I'm glad LB is in the rear view mirror for me; I'm only buying stuff that is trending up for good reason.
Earnings prediction? Think we see a nice beat and how will the market react? Many companies beating earnings and raising guidance only to see share price drop. This stock does not follow the traditional path by any means. Hopefully some more positive spinoff talk and and a healthy xmas quarter will push this into 40's.
I still don't get this stock...3Q was a "win" only because Q1 was Q1 was so horrible. While BBW is up 18.9% for the year, it only makes up 50% of the company. VS is down 34.2%. Net sales for LB as a whole are down 14.4%.
So they refinanced their crazy debt, closed some stores, and unloaded their UK to a joint venture - none of that justifies a near doubling of the share price
$ 40 plus this week?
Great black friday sales. Better than last year.
Should be over 40 by the end of the week.
I told, it's being pushed. Lot of shorts.
HW Graff, Trading Savant
sold one of my retail earnings $LB at 6% profit after holding it for hours
Did you read balance sheet? Billions Debt with 0 in bank and loosing business each day. I will take short #$%$ here
3 Billion with a B in revenue during a pandemic in recent quarterly. Its making Bank, way past a dollar a share. This is a mature mammoth retailer. Going to $85 dollars before years end. Why the hell Not?
Hello there. The markets are shaky right now and a crash could be imminent. Do you know where to put your cash? go to (
sold all, bankrupt co
They want this to 40s. It's strange, but true. Banks with free money.
Great quarter but when soap and hand sanitizer are no longer in vogue..sales plummet.
Down on more volume than average. It had a big run up. It should go down tommorow.
this really likes hanging around $33. I'm a bit shocked at ita resilience compared to the rest of the market
LB, why are you green even? Aren't you going bankrupt soon?
Does anyone else ever read (
)? They just mentioned LB this morning.
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