L Brands (LB) Comps Rose 6% in August
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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
U.S. Comps Increased 1.3% Last Week - Redbook
September 1, 2015 8:59 AM EDTU.S. comp sales increased 1.3% year-over-year for the week ending August 29, according to Johnson Redbook. Month-to-date sales are up 1.6% year-over-year and 0.2% month-over-month.
... More