28.62 +0.19 (0.67%)
After hours: 6:16PM EST
|Bid||28.40 x 800|
|Ask||0.00 x 800|
|Day's Range||28.33 - 31.58|
|52 Week Range||25.89 - 63.10|
|Beta (3Y Monthly)||-0.16|
|PE Ratio (TTM)||8.99|
|Earnings Date||Nov 13, 2018 - Nov 19, 2018|
|Forward Dividend & Yield||2.40 (6.80%)|
|1y Target Est||35.58|
L Brands, which has announced a number of changes to turn around the business, says it will revive Victoria’s Secret’s swim category.
L Brands Inc (NYSE: LB ), the parent company of multiple brands including Victoria's Secret and Bath & Body Works, reported a top- and bottom-line beat in its third-quarter results but also announced a ...
Product changes are coming to Victoria’s Secret. “We’re committed to a full review,” CFO Stuart Burgdoerfer said on the conference call of the Victoria’s Secret and Pink brands. “Everything is on the table.” Both the lingerie business and the college-focused Pink brand have new leadership.
Lowe’s (LOW), Target (TGT), and Kohl’s (KSS) fell significantly in pre-market hours on November 20. As at 11:55 AM EST, Target, Kohl’s, Lowe’s, and L Brands (LB) stock fell 9%, 8%, 3%, and 12%, respectively.
L Brands' (LB) earnings in third-quarter fiscal 2018 declines year over year. However, the top line and comparable sales witness an improvement on a year-over-year basis.
Here are some of the companies with shares expected to trade actively in Tuesday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
On November 19, L Brands (LB) reported better-than-expected third-quarter 2018 results. However, L Brands stock fell 4.8% in the after-market hours as investors seemed to be disappointed with the dividend cut. Also, the company announced that John Mehas would take over the CEO responsibilities of Victoria’s Secret from Jan Singer. Singer resigned from the job earlier this month after being at the helm for only two years.