L Brands Reports September 2015 Sales
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Piper Jaffray Raises Price Target on L Brands (LB) Following September Sales Results
October 9, 2015 7:34 AM EDTPiper Jaffray reiterated a Neutral rating on L Brands (NYSE: LB), and raised the price target to $98.00 (from $97.00), following the company's September sales results.
Analyst Neely Tamminga commented, "We are updating our model to reflect the company's September sales results and quarterto-date... More
Mizuho Securities Reiterates Buy on L Brands (LB) Following September's Comp Beat
October 8, 2015 11:35 AM EDTMizuho Securities reiterated a Buy rating and $100.00 price target on L Brands (NYSE: LB) following the company's September comp beat. LB reported September comps of +9% vs. +6% LY, above consensus +4.4%. Management believes the later Labor Day positively aided comps by ~2 points and guided to +LSD... More
L Brands (LB) Sept. Comps Rose 9%
October 8, 2015 7:16 AM EDTL Brands (NYSE: LB) reported net sales of $919.9 million for the five weeks ended Oct. 3, 2015, an increase of 8 percent, compared to net sales of $853.5 million for the five weeks ended Oct. 4, 2014. Comparable store sales increased 9 percent for the five weeks ended Oct. 3, 2015.
The... More
