L Brands Reports August 2015 Sales
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Mizuho Securities Reiterates Buy on L Brands (LB) Following August Comp Beat
September 3, 2015 9:52 AM EDTMizuho Securities reiterated a Buy rating and $100.00 price target on L Brands (NYSE: LB) following August comps beat. LB reported August comps of +6% vs. +5% LY, and beat consensus +2.3%.
Analyst Betty Chen commented, "We continue to recommend shares of LB following another same-store sales... More
Cowen Remains Bullish on L Brands (LB) Following August Comps
September 3, 2015 8:47 AM EDTCowen reiterated an Outperform rating and $100.00 price target on L Brands (NYSE: LB) following the company's August comps.
Analyst Oliver Chen commented, "LB's +6% August comp is above Cowen & St. est. +2.3%, while negatively impacted by ~1-2% from the shift of Labor Day into Sept.... More
L Brands (LB) Comps Rose 6% in August
September 3, 2015 7:10 AM EDTL Brands (NYSE: LB) reported net sales of $826.0 million for the four weeks ended Aug. 29, 2015, an increase of 8 percent, compared to net sales of $765.3 million for the four weeks ended Aug. 30, 2014. Comparable store sales increased 6 percent for the four weeks ended Aug. 29, 2015.
The... More
