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L Brands (LB) soared to the top of the S&P 500 today after reporting a surprising drop in same-store sales but better-than-expected margins. L Brands gained 6.7% to $56.07 today, while the S&P 500 rose ...
Retail stocks have had a wonderful, wonderful November. The SPDR S&P Retail ETF (XRT) has 12% this month, and some of its biggest holdings are soaring as well, including the likes of JC Penney (JCP), Gap (GPS) and L Brands (LB). Sears Holdings (SHLD), one of the few retailers to get beaten up this month, was up nearly 30% in per-open trading this morning after releasing its earnings.
L Brands pulled back last week and broke the five-week gaining streak amid profit-booking. It opened higher on Monday and rose to ten-day high price levels.
COLUMBUS, Ohio, Nov. 27, 2017 -- In conjunction with L Brands` sales release, you are invited to listen to a pre-recorded broadcast of the November Sales report. The broadcast will be available on the ...
Parent company L Brands Inc. killed off Victoria’s Secret swim and apparel line back in July, but four months later the decision is still a drag on the company’s bottom line.
After several years of record results, the Columbus-based retailer has had a bumpy 2017. Comparable store sales dropped 1 percent. The biggest factor on these declines continues to be its 2016 decision to fully exit the swimwear and apparel categories, which it credited for 2 percentage points of those sales declines.
The current discount to our fair value estimate provides investors an attractive entry point to a wide-moat company experiencing an inflection in performance.
L Brands Inc. (LB) just released its third quarter fiscal 2017 earnings results, posting earnings of 30 cents per share and revenues of $2.6 billion.
Shares of L Brands Inc. fell 3.5% late Wednesday after the parent company of Victoria's Secret and Bath & Body Works reported third-quarter earnings in line with expectations but falling comparable-store ...
The Columbus, Ohio-based company said it had net income of 30 cents per share. The results met Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was also ...
L Brands (LB) dwindling earnings and revenues remain the primary concern for investors. The company finally broke its streak of declining comparable sales in October.
Targeting college-aged women, the Pink brand, which racked up $2.9 billion in sales last year, has turned into a big potential growth driver for Victoria’s Secret, and its parent company L Brands Inc.
A good fourth quarter for La Senza could mean expansion for the young U.S. chain. Columbus-based L Brands Inc. (LB) brought the Canada-born brand south of the border for the first time last fall with four stores including one at Easton Town Center and one at Polaris Fashion Place. La Senza President Michele Cloutier told me Thursday that the three stores that are more than a year old had high-single digit comparable sales.
While Les Wexner again Thursday used his platform to speculate on the future of retail, defending malls and beating on department stores wasn’t the only topic of the day. Columbus-based L Brands Inc. (LB) hosted its annual investor update meeting, which afforded its CEO and founder, as well as other company executives, a chance to chat business as well as some other issues. President Donald Trump came up.