L Brands (LB) stock surged 7.8% on January 3 as Bank of America (BAC) upgraded it to “buy” from “neutral.” However, L Brands stock shrunk 29.4% in 2019.
In today’s Get Real market newsletter, there’s optimism across markets. Netflix and GAP face issues and Boeing has some good news. Plus, the Tesla truck is out.
US retail sales grew by 3.5% in the first half of 2019. The retail sector of the S&P 500 Index includes 29 stocks representing a broad variety of retailers.
L Brands (LB) stock was down 4.6% today as the company missed analysts’ sales expectations for the fourth quarter of fiscal 2018, which ended on February 2, 2019.
For the first three quarters of 2018, L Brands’ (LB) gross margin contracted by 240 basis points to 35.0% due to the lower gross margin at Victoria’s Secret.
L Brands (LB) is one of leading intimate apparel manufacturers and distributors in the United States. Its major brands include Victoria’s Secret and PINK.
Analysts expect Abercrombie & Fitch, American Eagle Outfitters, Urban Outfitters, and L Brands to report top line growth of 2.2%, 6.5%, 9.7%, and 3.9%, respectively.
As of September 27, the stock prices of Abercrombie & Fitch, American Eagle Outfitters, and Urban Outfitters are up 20.4%, 31.3%, and 18.7%, respectively, YTD.
L Brands Inc. (LB US, -14.13%) was the top detractor and worst performer in July. For several months now, L Brands has been a dog in the U.S. Moat Index.
Falling sales and profitability for L Brands’s (LB) Victoria’s Secret line has pulled down the company’s sales comps and margins over the past several quarters.
On July 9, CNBC reported that Jefferies had downgraded Procter & Gamble (PG) to a “hold” from a “buy” and had reduced its target price to $79 from $83.
Victoria’s Secret owner L Brands (LB) stock is sliding after management revised its 1Q18 profit expectations along with its monthly sales report earlier today.
New-Jersey-based retail store chain Bed Bath & Beyond (BBBY) released its fourth quarter and full-year 2017 earnings results on April 11, 2018, after the market closed.
L Brands (LB) reported its 4Q17 financial results on February 28, 2018. The company’s total sales increased 7.4% YoY (year-over-year) to $4.82 billion.
American Eagle Outfitters (AEO) was down 3.2% on January 9 after the company reiterated its guidance for fiscal 4Q17, which includes the important holiday season.
Ratings summary Most analysts covering L Brands (LB) stock have maintained a “hold” rating. As of January 4, 2018, of the 29 analysts covering the stock, 55% recommended “hold,” 35% recommended “buy,” and 10% recommended “sell.” Following L Brands’ weak outlook for fiscal 4Q17 on January 4, JPMorgan Chase cut its target price to $50 from $57, Deutsche […]
Growth strategies L Brands (LB), one of the world’s leading intimate apparel retailers, owns brands Victoria’s Secret, PINK, La Senza, and Bath & Body Works. For some time, the company has been marred by a changing retail landscape. The shift to online shopping has reduced mall traffic, impacting store sales. Moreover, competitive pricing has resulted in […]
Kroger (KR) announced its fiscal 3Q17 results on November 30, 2017, surpassing the analysts’ estimates for revenues by 1.02% and for earnings by 10.0%.
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.
Minnesota-based Target (TGT) will announce its fiscal 3Q17 results on November 15, 2017. Analysts expect the company’s EPS to rise 5% YoY (year-over-year) to $0.63.
“How Moats Translate into Sustainable Competitive Advantages” is a five-part moat investing education series that explores the primary sources of economic moats.
Constellation Brands announced its results for fiscal 2Q18 on October 5 before the market opened. Its EPS rose 39.5% to $2.47—compared to $1.77 in 2Q17.
Biogen (BIIB) was one of the top gainers in the S&P 500 on October 5. After trading with mixed sentiment in the first three trading days of the week, Biogen opened higher on Thursday.
“How Moats Translate into Sustainable Competitive Advantages” is a five-part moat investing education series that explores the primary sources of economic moats. she
Reasons behind L Brands’ growing yield Specialty fashion retailer L Brands (LB) saw its sales slow between 2013 and 2016. The company recorded revenue growth of 3.5% in 2016, compared with 6% in 2015. The growth was driven by the Victoria’s Secret and Bath & Body Works segments. Whereas its operating income grew 12% in 2015, it […]
Specialty retailer L Brands (LB) announced its fiscal 2Q17 results after the market closed on August 16, 2017. It posted EPS of $0.48, a fall of 31.4% YoY.
Kao Corp (4452 JP) is Japan’s largest household and personal care company. Wide-moat rated Kao gets its moat from two sources according to Morningstar: “intangible assets resulting from its strong brand mix and entrenched retailer relationships, as well as cost advantages, primarily in its domestic market.” Kao is a leader in providing food and beverage, sanitary, […]
“How Moats Translate into Sustainable Competitive Advantages” is a five-part moat investing education series that explores the primary sources of economic moats. The idea of an economic moat refers to how likely a company is to keep competitors at bay for an extended period. According to Morningstar Equity Research, there are five key attributes that […]
The idea of an economic moat refers to how likely a company is to keep competitors at bay for an extended period. In this series, we’ll focus on one of the sources of obtaining a sustainable competitive advantage—cost leadership.
On April 4, the S&P 500 Consumer Discretionary sector fell 0.14%. In the Consumer Discretionary sector, the Auto Components sector fell the most—it fell 2.9%.
Price movement HanesBrands (HBI) fell 5.9% to close at $21.55 per share during the second week of December 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -5.9%, -15.5%, and -25.5%, respectively, as of December 16. HBI is trading 8.1% below its 20-day moving average, 10.8% below its 50-day moving average, and […]
