51.71 +0.06 (0.12%)
Pre-market: 5:50AM EST
|Bid||51.21 x 800|
|Ask||0.00 x 800|
|Day's range||50.95 - 52.75|
|52-week range||8.00 - 52.75|
|Beta (5Y monthly)||1.70|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||20 Feb 2020|
|1y target est||N/A|
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.
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.
Every investor in National Presto Industries, Inc. ( NYSE:NPK ) should be aware of the most powerful shareholder...