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Victoria Secret parent L Brands Inc. said Thursday February sales rose 11.5% to $853.9 million from $765.5 million in the same period a year ago, while same-store sales grew 3% for the month. The FactSet ...
This 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 ...
L Brands used to be synonymous with beauty. Shares of L Brands (LB) tumbled 14% last Thursday after the parent company of Victoria’s Secret and Bath & Body Works reported better-than-expected fourth-quarter earnings but said it would earn between 15 and 20 cents a share during the first quarter of 2018, below forecasts for 31 cents a share. It might look tempting, especially given that L Brands’ shares have lost more than half their value during the past three years.
Disappointing 2018 guidance means a rough start to the year for L Brands Inc (NYSE: LB ), according to Bank of America Merrill Lynch. The Analyst BofA's Lorraine Hutchinson maintained an Underperform ...
Thankfully, there was Best Buy (BBY) to lessen the pain. There was Kohl's (KSS), which has tumbled 5.4% to $62.47 at 3:49 p.m. today, which we looked at earlier today, and L Brands (LB), which has tumbled 13% to $42.75. L Brands, the parent company of Victoria’s Secret, beat top- and bottom-line expectations in its fourth quarter, but the shares sank after it forecast earnings of $2.95 to $3.25 for the full year, well below the $3.43 consensus estimate.
Among the companies with shares expected to trade actively in Thursday's session are Best Buy, Kohl's, Walmart, United States Steel and Netflix.
The Columbus, Ohio-based company said it had profit of $2.33 per share. Earnings, adjusted for pretax gains, came to $2.11 per share. The results beat Wall Street expectations. The average estimate of ...
Shares of Victoria's Secret parent L Brands Inc. fell more than 10% late Wednesday after the retailer reported fourth-quarter per-share profits above expectations but called for lower profits in the first ...
Among the companies with shares expected to trade actively in Thursday's session are Tesla, Twitter, CVS Health, T-Mobile U.S. and 21st Century Fox.
L Brands Inc. shares rallied 5.4% in Thursday premarket trading after the retail company reported fourth-quarter sales and same-store sales that beat the FactSet consensus. L Brands portfolio includes ...
Leslie Wexner, an icon of 20th-century retailing, is the last man standing from a generation of merchants who brought fashion to the masses.
Victoria's Secret parent company L Brands Inc. and Signet Jewelers Ltd. could get squeezed by the late start to the tax season, say Instinet analysts led by Simeon Siegel. The IRS announced earlier this ...
In this series, we'll take a look at what's challenged L Brands recently, the measures it has taken to boost growth, and analysts' views on the stock.
Macy’s Inc. and J.C. Penney Co. Inc. reported same-store sales increases during the holiday shopping period, while Victoria’s L Brands Inc., fresh off of an analyst upgrade, issued a profit warning.
L Brands (LB) expects earnings per share for the fourth quarter to be nearly $2, in comparison with previous guided range of $1.95 to $2.10.
On another record day on Wall Street, L Brands plummeted after announcing December sales, and Walgreens fell despite reporting a good quarter.
Shares of L Brands (LB) sank to the bottom of the S&P 500 on Thursday, hurt by weak guidance. L Brands plunged $7.16, or 12.3%, to $51, while the S&P 500 rose 10.93 points, or 0.40%, to 2723.99. L Brands said that its December same-store sales were up, but investors were more concerned with its lowered fiscal fourth-quarter guidance.