L Brands Inc
Comparing L Brands’ PE Multiple with Peers’
On January 8, L Brands’ (LB) 12-month forward PE ratio was 10.4x.
Looking at L Brands’ Growth Initiatives
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 […]
Why Could Some of VFC’s Segments Face Sales Headwinds?
VF Corporation (VFC) expects sales headwinds from its Imagewear, Sportswear, and Contemporary Brand segments to impact its 4Q15 and 2015 results.
Gap Falls 37.6% in 2015
Gap (GPS) has fallen 37.6% YTD (year-to-date) as of December 29, 2015. Its peers Ross Stores (ROST) and L Brands (LB) have risen 17.7% and 18.2%, respectively.
Here’s Why L Brands’ Margins Fell in 2Q 2018
L Brands (LB) reported a 25% YoY (year-over-year) decline in second-quarter earnings per share to $0.36.
Do L Brands’ Fundamentals Justify Its Valuation versus Its Peers?
In the recent fiscal year, L Brands’ (LB) revenue grew at a rate of 6.32% on a YoY basis. In contrast, the CAGR has been 4.50% over the last four years.
When Will Gap Stock Bottom Out?
Gap (GPS) stock has declined by ̴~17.0% over the last three years as of February 26, 2016.
Under Armour’s Upbeat Prospects for Direct-to-Consumer Sales
Retail and e-commerce sales—DTC or direct-to-consumer sales—are growing at a faster clip than the average growth rate for the company.
Will VF Corporation’s Vans Brand Spur Higher Growth in 3Q15?
VF Corporation saw sales of $2.5 billion in 2Q15, up 4.7% year-over-year. Its performance was boosted by top brands The North Face, Timberland, and Vans.
Why Under Armour Expects to Take on More Debt to Fund Growth
As we discussed in the previous articles of this series, Under Armour (UA) is expecting to significantly grow both its top and bottom lines over the next few years.
Can Project Jacquard Revive Premium Denim?
Google and Levi Strauss unveiled a new collaboration. It embeds touch-enabled interactive technology in fabrics. It may revive the denim industry.
Retail Massacre: Target, Lowe’s, L Brands, and Kohl’s Get Crushed
So far, November 20 has been a bad day for the retail sector. Some big names have reported mixed results and lackluster guidance.
Pain Points Affecting Retail Same-Store Sales This Spring
L Brands (LB) had lower same-store sales due to the earlier Easter. The company’s same-store sales declined by 1% for the four weeks ended May 2.
An Informative Glance at Macerich’s Top Tenants
Macerich’s centers derived approximately 74% of their total rent for fiscal 2014 from mall stores and freestanding stores under 10,000 square feet.
Nike’s Fastest-Growing Demographic Segments
The women and young athletes demographic segments saw the greatest sales traction in fiscal 2015 for Nike.
September Winners in US Domestic Moats: Discretionary, Financials
Moat company Polaris Industries (PII) has been doing well this year, returning ~30.0% year-to-date as of October 23, 2017.
A Look at HanesBrands’s Performance in 2Q16
HanesBrands (HBI) has a market cap of $9.9 billion. It fell by 3.4% to close at $25.65 per share on August 2, 2016.
‘Athleisurewear’ Industry Sees New Entrants
The beauty of athleisurewear is that it’s multifunctional. It’s used not only for workouts but also for a wide range of social occasions
An Early Easter Benefits Some but Not All Retailers in March
Sales were boosted by an early Easter, which fell in early April this year compared to mid-April in 2014. LB estimates an early Easter positively impacted sales by 3% to 4%.
Santa Could Yet Bring Cheer To Holiday Retail Sales
We think the final tally for holiday retail sales could differ from the gloomy picture some of the initial estimates had painted.
The Idea behind Economic Moats
“How Moats Translate into Sustainable Competitive Advantages” is a five-part moat investing education series that explores the primary sources of economic moats. she
U.S. Moat Index: Analyzing Its Performance in April
TransDigm Group (TDG) rose 12% in April. Two other additions, Cerner and Guidewire Software, added to the U.S. Moat Index’s performance in April.
Why High-Yield Bond Issuance Fell in October
High volatility in financial markets ensured low activity in the primary market of high-yield bonds in October. Dollar-denominated high-yield debt amounting to $9.4 billion was issued in October 2015.
Gap and Its Struggle with Performance
Gap (GPS) is expected to release its fiscal 3Q15 earnings on November 19, 2015. Wall Street expects Gap’s adjusted EPS to be around $0.63, a decrease of 15.2% from 3Q14.
Will Lululemon’s Cash Registers Keep Ringing in 2Q16?
Lululemon Athletica (LULU), which declares its 2Q16 results on September 10, is expecting sales in the range of $440 million to $445 million in the quarter.
What Drove L Brands’ 4Q17 Top Line?
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.
L Brands’ Third-Quarter Sales Beat Estimates
L Brands (LB) reported third-quarter results on November 19.
Sycamore-Victoria’s Secret Deal in Jeopardy, L Brands Falls
On Wednesday, L Brands received notice from Sycamore Partners that it plans to terminate the deal to buy Victoria’s Secret.
L Brands Stock Up on Bank of America’s Bullish Stance
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.
Under Armour: The Nature Of Its Business, Product Portfolio
UA’s product, marketing, and sales teams each play an active role in the design process. This collaboration helps control brand and product consistency.
Get Real: Markets See Sweep of Optimism
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.
Why L Brands Stock Surged after Lower Q3 Earnings
L Brands (LB) stock surged by 8.1% yesterday after the company’s third-quarter earnings announcement on November 20. Here’s why.
Analyzing VFC’s Consistent and Growing Dividends to Shareholders
VF Corporation (VFC) consistently increased its dividends to shareholders. VFC increased its dividends for 43 consecutive years. This isn’t a small feat!
Costco’s Warehouse Memberships Saw an Uptick in Fiscal 2Q16
Costco’s membership revenue rose by 3.6% YoY to $603 million in 2Q16, which ended February 14. In constant-currency terms, membership fees were up by 7%.
LULU Stock Rises on Fiscal 2016 Results, Beating XLY and XRT
Lululemon (LULU) stock rose 10.7% to $67.80 on March 30, 2016, the day the company declared its fourth quarter results. The stock has risen more than 29% year-to-date.
How Has Athleisurewear Boom Impacted the US Apparel Industry?
The growth rate in activewear or athleisurewear has outpaced the overall clothing market, with a double-digit CAGR over the past five years.
Gap Stock Slumps on Guidance Cut, CEO Exit
Gap stock fell about 6% in after-hours following management’s guidance cut. The company also announced the exit of CEO Art Peck.
What Are the Sources to Obtain Economic Moats?
“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 […]
An Overview of the S&P 500 Retailers
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 Stock Fell on Poor Q4 Sales, Weak Outlook
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.
L Brands Down 4.4% after Holiday Sales Data and Target Price Cuts
On January 10, L Brands (LB) reported sales of $2.48 billion for the five weeks ended January 5.
Why Has L Brands Stock Fallen 8.2%?
On January 10, L Brands stock fell 8.2% as of 9:58 AM EST following the announcement of its sales data for the five weeks ending January 5.
A Look at L Brands’ Margin and Bottom-Line Expectations
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 Stock Has Had a Disappointing Run in 2018
Intimate apparel retailer L Brands has had a tough year. Its stock has shed 51.8% of its value as of December 18.
L Brands Found a Buyer for La Senza
On December 13, L Brands announced that it will transfer ownership and control of its entire La Senza business to Regent LP.
Why L Brands Plunged 17.7% on Tuesday
L Brands (LB) reported third-quarter results on November 19.
How Has L Brands Stock Performed This Year?
As of November 15, L Brands’ (LB) stock price is down 40.7% on a YTD basis to $35.69.
L Brands Gets a Rating Upgrade from Wells Fargo
Wells Fargo upgraded L Brands to “outperform” from “market perform” on November 12. L Brands stock closed 1.4% higher on November 12.
Discussion of Apparel Retailers’ Margin Performances
In the first half of fiscal 2018, American Eagle Outfitters’ (AEO) gross margin expanded 130 basis points to 36.8%.
What’s the Word on Wall Street for Apparel Retailers?
As of September 27, 56% of the 18 analysts covering American Eagle Outfitters (AEO) stock have given it “hold” ratings.
Apparel Retailers Have Delivered Strong Top Line Growth
Abercrombie & Fitch (ANF) delivered YoY (year-over-year) sales growth in both the first and second quarters of fiscal 2018.
Strength in the Beauty Business Drives L Brands’ 2Q Top Line
L Brands (LB) reported financial results for the second quarter of 2018 on August 22.
How L Brands Performed in the Second Quarter
L Brands (LB) reported financial results for the second quarter of 2018 after the market closed on August 22.
L Brands to Report Second-Quarter Results on August 22
L Brands is slated to report second-quarter 2018 results after the market closes on Wednesday, August 22.
Who Failed to Garner Attention in the Consumer Sector Last Week?
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.
Analyzing the Consumer Cyclical Sector’s Dividend Yield: Part One
The consumer cyclical sector has an average dividend yield of 1.4%.
Digging Deeper into L Brands’ First-Quarter Performance
L Brands stock had already fallen ~44% YTD before the earnings release. The fashion retailer is among the biggest apparel losses this year.
L Brands Stock Fell in After-Hours Trading
L Brands (LB) stock fell more than 5% in the after-hours trading session on May 23. The company missed analysts’ earnings expectations.
L Brands’ Stock Price Hit by Revised 1Q18 Earnings Outlook
On May 10, L Brands (LB) stock slid more than 7% in the stock market. L Brands’ management revised its 1Q18 profit outlook.
This Is Why L Brands Stock Is Falling Today
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.
Why L Brands Stock Fell after Its 4Q17 Results
Management’s guidance for the next quarter topped investors’ concerns. L Brands announced that it expects to earn $0.15–$0.20 per share in 1Q18.
Key Takeaways from L Brands’ 4Q17 Results
L Brands reported its 4Q17 financial results after the market closed on February 28. L Brands beat analysts’ top and bottom-line expectations.
Consumer Stocks: Performance in the First Week of 2018
On January 4, Raymond James upgraded CVS Health (CVS) to “strong buy” from “outperform.” On January 5, Morgan Stanley upgraded it to “overweight.”
What Has Affected L Brands’ Dividend Growth?
L Brands has a dividend yield of 5.5% and YTD price loss of 33.6%.
What’s Driving Economic Moats
“How Moats Translate into Sustainable Competitive Advantages” is a five-part moat investing education series that explores the primary sources of economic moats.
Here’s Why L Brands’ Dividend Yield Is Rising
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 […]
Analyzing the Consumer Sector’s Performance Last Week
On September 1, General Motors (GM) released its August sales report. In August, US retail sales recorded 275,552 vehicles—7.5% higher YoY.
Kao Corporation: What’s Sharpening Its Competitive Edge?
Kao Corporation has become the largest branded and packaged goods company in Japan and the second-largest company in the cosmetics category.
How to Identify Economic Moats
In this series, we’ll discuss how intangible assets can create long-term competitive advantages for companies.
D.R. Horton Was the S&P 500’s Top Gainer on July 7
D.R. Horton, one of the largest home construction companies in the US, rose on Friday. Homebuilders rose with D.R. Horton leading the rally.
Hanesbrands Declared a Dividend of $0.15 per Share
Hanesbrands reported fiscal 3Q16 net sales of $1.8 billion—a rise of 10.7% compared to net sales of $1.6 billion reported in fiscal 3Q15.
D.A. Davidson and C.L. King Upgrade HanesBrands to ‘Buy’
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 […]
HanesBrands Plans to Sell Non-Core Businesses
HanesBrands (HBI) reported fiscal 3Q16 net sales of $1.8 billion, a rise of 10.7% over net sales of $1.6 billion in fiscal 3Q15.
How Has Hanesbrands Performed in 3Q16?
Price movement Hanesbrands (HBI) has a market cap of $9.8 billion. It rose 8.3% to close at $25.77 per share on October 28, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 4.4%, 2.4%, and -11.3%, respectively, on the same day. HBI is trading 3.6% above its 20-day moving average, 0.13% below […]
Inside the Vanguard PRIMECAP Fund Portfolio
VPMCX counts information technology, healthcare, and industrials as its core invested sectors. These three sectors make up a combined 80% of the portfolio.
Fidelity Series All-Sector Equity Fund’s YTD 2016 Sector Composition
The Fidelity Series All-Sector Equity Fund (FSAEX) is quite diversified, and it has no dominant sector.
HanesBrands Declares Quarterly Dividend of $0.11 Per Share
HanesBrands (HBI) has a market cap of $10.0 billion. It fell by 1.1% to close at $26.55 per share on July 26, 2016.
Inside the Portfolio Changes in the Vanguard PRIMECAP Fund in 2016
Vanguard PRIMECAP Fund’s assets were invested across 131 stocks as of June 2016, and it was managing assets worth $44.9 billion as of the end of June.
HanesBrands Acquired Pacific Brands for ~$800 Million
HanesBrands fell by 0.56% to close at $26.55 per share on July 15. Its weekly, monthly, and YTD price movements were 1.1%, 1.7%, and -9.0%, respectively.
HanesBrands Acquires Champion Europe
HanesBrands (HBI) has a market cap of $9.5 billion. Its stock fell by 4.5% to close at $25.13 per share on June 30, 2016.
Moody’s Rated HanesBrands’ Credit Facilities as ‘Baa2’
HanesBrands reported fiscal 1Q16 net sales of $1.22 billion—a rise of 0.84% compared to net sales of $1.21 billion in fiscal 1Q15.
Chief Causes for the Ivy Global Growth Fund’s Poor Showing in YTD 2016
The Ivy Global Growth Fund – Class A (IVINX) figures among the bottom two funds in its peer group of 12 for YTD 2016.
Exploring Portfolio Changes in FSAEX
FSAEX invests primarily in common stocks of US and foreign issuers. It invests in growth stocks, value stocks, or both.
HanesBrands’ Acquisition of Champion Europe: So What?
HanesBrands rose by 2.8% to close at $27.87 per share on April 7, bringing its weekly, monthly, and YTD price movements to -1.7%, -2.6%, and -4.9%.
What Do Analysts Recommend for Gap Stock?
Wall Street analysts are expecting Gap’s 1Q16 adjusted EPS to decrease by 13% on a YoY basis to $0.49 and the fiscal 2016 adjusted EPS to decrease by 7.0% to $2.27.
Gap’s Stock Gets a Hold Recommendation from Wall Street Analysts
The consensus analyst recommendation for Gap’s (GPS) stock is a “hold.” As seen in the chart above, 60.5% of the analysts covering the stock have given it a hold.
What Are the Concerns regarding Junk Bonds?
Junk bonds have been in the news due to concerns about defaults. They have an iffy repayment ability even if they’re at the higher end of the rating scale.
North America Is Nike’s Most Significant Growth Driver
North America is Nike’s (NKE) largest segment and biggest contributor to profits. The segment saw the highest growth in absolute terms in fiscal 2Q16.
Technical Indicators Improve for Consumer Discretionary Sector
The consumer discretionary sector’s 14-day RSI has been moving toward the 70 mark. It can be expected to cross the mark over the next month.
Sales Projections: Lululemon Athletica’s Performance in 3Q16
Lululemon Athletica (LULU) expects to generate sales ranging between $477 million to $482 million in fiscal 3Q16, up from $419 million in the comparable quarter of fiscal 2015.
Organic Sales Growth and Margin Expansion in Fiscal 3Q15
In fiscal 3Q15, L Brands saw a significant margin expansion both in its gross profit margin and operating margin. The gross profit margin expanded by 80 basis points.
Why Consumer Discretionary ETFs Are on the Rise
The Vanguard Consumer Discretionary ETF (VCR) and the Fidelity Consumer Discretionary ETF (FDIS) both rose by 3.3% on a weekly basis, as of November 23.
Mutual Funds: A Comparative Analysis Using Information Ratios
The information ratio can be used evaluate the performance of an actively managed fund.
What Do Wall Street Analysts Think about Gap Stock?
Of the 38 Wall Street analysts covering Gap (GPS) stock, 24 have given it a “hold” recommendation. Nine investment firms have recommended a “sell” for the stock.
Initial Jobless Claims Remained Steady: What Does It Mean?
The U.S. Department of Labor released its weekly statistics for initial jobless claims for the week ending November 7, 2015. They stayed the same at 276,000.
Focus Should Be on Consumer Discretionary Sector Earnings
After U.S. Department of Labor data released on Friday, November 6, 2015, all eyes should be on the earnings of consumer discretionary sector (XRT).
October Saw Generous Inflows for High-Yield Bond Funds
According to Lipper, net inflows for high-yield bond funds totaled $7.6 billion through October 28, compared to outflows totaling $1.9 billion in September.
First Data Issued the Most Junk Bonds in the Week to October 30
First Data (FDC) issued junk bonds worth $3.4 billion last week. The senior notes were rated Caa1/B and carried a coupon of 7.0%.
What Companies are CBL & Associates’ Top Tenants?
CBL’s top tenants include several big brands, which contributed around 20% of the company’s total revenue in 2014.
L Brands Is an Outlier in the Apparel Retail Industry
L Brands (LB) is one of the prominent specialty retailers in the US. It focuses on apparel, personal care, and beauty care products.