L Brands, Inc. (LB)
51.71 +0.06 (0.12%)
Pre-market: 5:50AM EST
| Previous close | 51.08 |
| Open | 51.54 |
| Bid | 51.21 x 800 |
| Ask | 0.00 x 800 |
| Day's range | 50.95 - 52.75 |
| 52-week range | 8.00 - 52.75 |
| Volume | 4,734,561 |
| Avg. volume | 4,187,333 |
| Market cap | 14.364B |
| Beta (5Y monthly) | 1.70 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 20 Feb 2020 |
| 1y target est | N/A |
- Motley Fool
L Brands Posts Mixed Q4 Results, Offers Upbeat Earnings Guidance
Enjoying what appears to be a new lease on life after years of troubles, L Brands (NYSE: LB), parent company of Victoria's Secret and Bath & Body Works, reported a profitable fourth quarter today. While the company's revenue missed the Wall Street consensus estimate of $4.95 billion reported by Zacks Equity Research, registering $4.82 billion in revenue and thus delivering a negative 2.6% surprise, net sales still rose 2.3% year over year from $4.71 billion. Adjusted earnings per share (EPS) skyrocketed 61% year over year from $1.88 to $3.03 for the quarter, and also marginally beat analyst forecasts with a 1.3% positive surprise.
- Motley Fool
L Brands Might Be Shopping Victoria's Secret to Buyout Firms Again
Victoria's Secret might be back on the market. The New York Times reports owner L Brands (NYSE: LB) is sounding out private equity firms to test their willingness to have another go at bidding for the lingerie brand. It was nine months ago the pandemic scuttled L Brands' attempt to sell Victoria's Secret to the Sycamore Partners hedge fund, which got cold feet as stores were closed due to the COVID-19 outbreak.
- Simply Wall St.
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