U.S. June retail same-store sales estimates

FBR Capital Raises Price target on L Brands (LB) Following June Sales Report

FBR Capital reiterated a Market Perform rating on L Brands (NYSE: LB), and raised the price target to $68.00 (from $63.00), following the company's June sales report. LB reported total June SSS of +6%, above consensus of +1.9% and guidance of +LSD. VS comps increased +6%, above consensus estimates of +1%. VS comps were driven by PINK and the semiannual sale and were... More

Stifel Remains Sideliend on Gap, Inc. (GPS) Despite Positive Sales Report

Stifel reiterated a Hold rating on Gap, Inc. (NYSE: GPS) following the release of the company's June sales results. Comp sales increased 2% in June, well above consensus estimates. The company saw an acceleration of traffic and sales at all divisions heading into Memorial Day. The results were also... More

Nomura Securities Remains Sidelined on L Brands (LB) - PT to $60

Nomura Securities reiterated a Neutral rating on L Brands (NYSE: LB), and raised the price target to $60.00 (from $58.00). Although VS has been reducing its direct mail coupons since April, June did not actually lap any meaningful mailers due to last years semi-annual sale. All... More

Nomura Securities Raises Price Target on Gap, Inc. (GPS) Following 'Better-Than-Expected' Comps

Nomura Securities maintained a Neutral rating on Gap, Inc. (NYSE: GPS), and raised the price target to $22.00 (from $18.00), following a better-than-expected comp report.

Analyst Simeon Siegel commented, "As had been telegraphed by some data, GPS posted a better-than-expected comp (helped by the... More

Stifel Reiterates Buy as L Brands (LB) Comes under Pressure

Stifel reiterated a Buy rating and $75.00 price target on L Brands (NYSE: LB) as the stock comes under pressure due to investor concerns. The concerns center around increased markdowns. However, Stifel believes that prudent expense management and better than planned expense leverage due to... More

MKM Partners Remains Neutral on L Brands (LB) Following June Sales Release

MKM Partners reiterated a Neutral rating and $60.00 price target on L Brands (NYSE: LB) following the company's June sales release. LB reported a comp beat at 6%, ahead of the street's expectations of 1.9%. However, despite the comp beat, inventory remains slightly elevated, which could mean that July will be slightly more promotional.

Analyst Roxanne Meyer... More