L Brands Reports November 2015 Sales
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Cowen Reiterates Bullish View on L Brands (LB) Following Strong Holiday Start
December 3, 2015 9:15 AM ESTCowen reiterated an Outperform rating and $110.00 price target on L Brands (NYSE: LB) following a strong start to the company's holiday season. Momentum continues as LB's November comps of +7% came in well ahead of the Street's estimate of +3.1%, as well as mgmt's +LSD guide. Going... More
L Brands (LB) Comps Rose 7% in Nov.
December 3, 2015 7:15 AM ESTL Brands (NYSE: LB) reported net sales of $1.169 billion for the four weeks ended Nov. 28, 2015, an increase of 8 percent, compared to net sales of $1.078 billion for the four weeks ended Nov. 29, 2014. Comparable store sales increased 7 percent for the four weeks ended Nov. 28, 2015.
The... More
