-
Since September, 65% Of All U.S. Internet Users Visited Amazon.com
Thursday, December 8, 2016 - 2:52pm | 424Amazon.com, Inc. (NASDAQ: AMZN) may be priming for a strong holiday quarter, going by research highlighted by Wells Fargo in a note released Thursday. Findings Quoting online traffic data from ComScore, analyst Ike Boruchow noted that about 65 percent of all U.S. internet users visited Amazon....
-
Promotions Helped Boost L Brands Comps In August, Baird Ups September Comp Target
Friday, September 2, 2016 - 1:24pm | 314L Brands Inc (NYSE: LB) reported better-than-expected August comps, but Baird stays on the sidelines, saying the risk/reward looks balanced against the backdrop of negative EPS growth. However, the brokerage increased its September comp estimate. L Brands reported 2 percent rise in August comps,...
-
Bank Of America Calls Foul Ball On L Brands; Sporting Can't Fill Swim/Apparel Gap
Tuesday, June 28, 2016 - 1:22pm | 389Victoria's Secret and Bath & Body Works co-owner L Brands Inc (NYSE: LB) is experiencing increased macro pressures in the women's apparel industry, and Bank of America see the company's struggles to only continue. Analyst Lorraine Hutchinson downgraded L Brands from Neutral to Underperform,...
-
Amazon, Facebook, Blackstone Lead Morgan Stanley's '30 Picks For 2019' List
Monday, April 18, 2016 - 4:05pm | 349Morgan Stanley has released its updated list of the 30 best stocks to buy now and hold for at least three years. According to the Morgan Stanley research team, there are a number of U.S. market uncertainties ahead in the next three years, including U.S. economic growth, international weakness,...
-
How Did Retailers Fare In March?
Thursday, April 7, 2016 - 10:29am | 428U.S. retail March sales numbers have started to trickle out. Here’s a quick look at the March and Q1 numbers available so far. 9 Names Costco Wholesale Corporation (NASDAQ: COST) reported a 1.0 percent rise in same-store sales (SSS) (including gasoline and forex) in the United States, but a...
-
How Much Are Americans Spending On Valentine's Day This Year?
Friday, February 12, 2016 - 1:39pm | 342A new study by Bankrate has shown that Americans are paying big bucks to celebrate their special someones this weekend. Bankrate created a Be My Valentine Index, which includes the going market prices for Valentine’s Day staples. Although Americans don’t spend nearly as much on...
-
Amid 'Uninspiring Traffic' In Softlines, TJX, L Brands, Express, Ross Are 'Market Share Winners For Holiday'
Tuesday, December 15, 2015 - 9:17am | 453In a report issued Monday, MKM Partners analyst Roxanne Meyer shared a look into traffic in the softlines retail segment. Despite the fact that last weekend was the second-to-last ahead of Christmas, the expert classified the traffic as “uninspiring overall, with little buzz in the mall and...
-
'Challenges Remain' For These Retailers After Black Friday, Oppenheimer Says
Monday, November 30, 2015 - 3:07pm | 514Anna Andreeva of Oppenheimer commented in a note that retailers began offering Black Friday-type sales as early as Friday, November 20 this year – resulting in lower than expected traffic levels on Black Friday. The biggest winners, based on the analyst's store checks, were L Brands Inc (...
-
L Brands' Q3 Guidance Highlights Brick-And-Mortar Troubles
Thursday, August 20, 2015 - 6:50am | 546L Brands Inc (NYSE: LB) announced weaker-than-expected guidance for the third quarter, which could point to the growing problems endured by most traditional retailers. The company, which owns Victoria's Secret, Pink, Bath & Body Works, La Senza and Henri Bendel, reported a second...
-
L Brands 'Still Very Sexy' At Topeka, Buy Rating Initiated
Tuesday, March 24, 2015 - 11:03am | 119In a report published Monday, Topeka Capital Markets analyst Dorothy Lakner initiated coverage of L Brands Inc (NYSE: LB) with a Buy rating and $106 price target, as its two powerful brands have plenty of room to grow both domestically and internationally. Lakner argued that Victoria's Secret has a...
-
Cowen Group's Retail Analyst Discusses Kohl's And L Brands
Thursday, February 26, 2015 - 3:47pm | 383Most retailers came out with better-than-expected numbers this earnings season and one important factor that fueled that, according to Cowen Group retail analyst Oliver Chen was lower fuel prices. Chen was on CNBC Thursday to discuss the outlook for the overall retail sector and share his views...
-
Wunderlich: L Brands 'Trumps Black Friday Woes,' Momentum To Continue
Thursday, December 4, 2014 - 11:29am | 201L Brands Inc (NYSE: LB) reported on Thursday total November comps rose 8 percent from a year ago, driven by strong performances at Victoria Secret, PINK and Bath & Body Works. Danielle McCoy commented in a note on Thursday that L Brands focused on gifting, strong product collections,...
-
Seven Apparel Retail Stocks Worth a Look Now
Monday, December 19, 2011 - 7:39am | 901The holiday shopping season seems to be going better than early forecasts suggested. So here are seven retail stocks that might be worth a look. All have double-digit returns on equity and double-digit long-range EPS growth forecasts. Each is up more than 10% over the past year as well. DSW (NYSE...