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L Brands Announces Pricing of Secondary Offering

08:05pm, Wednesday, 14'th Jul 2021
COLUMBUS, Ohio, July 14, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (“L Brands”) (NYSE: LB) announced today the pricing of the previously announced underwritten public secondary offering of 20,041,64
L Brands (LB) second quarter-to-date fiscal 2021 sales reflect growth across segments. It raises second-quarter earnings view and authorizes share repurchase plan worth $1.5 billion.
L Brands is allowing the company's founder to sell 20 million shares, although it won't receive any proceeds from that sale.
People have finally started spending on clothing and apparel, helping stocks of Abercrombie & Fitch Company (ANF), L Brands, Inc. (LB) and Urban Outfitters, Inc. (URBN).

L Brands Q2-To-Date Sales Grow 71%; Outlook Raised

07:20am, Wednesday, 14'th Jul 2021
L Brands, Inc (NYSE: LB) reported second-quarter-to-date sales growth of 71.7% year-on-year to $2.35 billion. Bath & Body Works sales for nine weeks ended July 3, 2021, increased 66.6% Y/Y to $1.24 bi

L Brands: The Good News Just Keeps Coming

06:27am, Wednesday, 14'th Jul 2021
L Brands: The Good News Just Keeps Coming
COLUMBUS, Ohio, July 13, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (“L Brands”) (NYSE: LB) announced today the commencement of an underwritten public secondary offering of 20,041,646 shares of its c
Announces Bath & Body Works Capital Structure Actions, Including Authorization of $1.5 Billion Share Repurchase Program Announces Bath & Body Works Capital Structure Actions, Including Authorization o
L Brands Inc (NYSE:LB) and soon-to-be spun off Victoria's Secret have Bank of America analysts bullish. The L Brands Analyst: Lorraine Hutchinson, CFA, reiterated the firm's Buy rating of L Brands a

Why L Brands Is Trading Higher Today

02:23pm, Monday, 12'th Jul 2021
L Brands, Inc. (NYSE:LB) shares are trading higher after JPMorgan maintained an Overweight rating and raised its price target from $93 to $100. On Friday, the company announced that its Board of Direc
L Brands (LB) will be known as Bath & Body Works, Inc., effectively from Aug 2, 2021 onward. Victoria's Secret & Co. will begin trading independently from Aug 3.
L Brands Inc. has gotten board approval for the separation of the company into two publicly traded businesses. The company previously announced that Victoria's Secret & Co. will include the namesake u
COLUMBUS, Ohio, July 09, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today announced that its Board of Directors (the “Board”) has approved the previously announced separation of the Victor
Retailers with a strong online presence like Target Corporation (TGT), Walmart (WMT) and Best Buy (BBY) are likely to benefit in the near term.
L Brands (LB) closed the most recent trading day at $71.38, moving -1.2% from the previous trading session.
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