L Brands, Inc.

NYSE: LB
$32.01
-$0.86 (-2.6%)
Closing price October 30, 2020
Victoria's Secret parent L Brands has engineered a turnaround of sorts. As a consequence, it was the best performing S&P 500 stock in the third quarter.
The S&P 500 index is up about 2% this year, after a spring collapse and remarkable rebound. Among the companies in the index, 10 are up more than 50%.
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L Brands, owners of Victoria's Secret and Bath & Body Works, posted second-quarter earnings per share (EPS) of $0.25 and $2.32 billion in revenue. Analysts were expecting a net loss of $0.42 per...
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L Brands surged on Wednesday to a new 52-week high after the company unveiled a new cost-cutting strategy that it will employ.
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Tuesday's top analyst upgrades and downgrades included AppFolio, BioCryst Pharmaceuticals, Booking, DraftKings, Intuit, L Brands, Peloton Interactive, Salesforce.com and Wells Fargo.
Private equity firm Sycamore Partners has filed suit to nullify its agreement to acquire a controlling stake in the Victoria's Secret brand from L Brands.
Friday's analyst upgrades and downgrades included Albermarle, American Electric Power, Autodesk, Chewy, Domino's Pizza, HollyFrontier, Livent, NextEra Energy, RealReal, Square and T-Mobile.
L Brands founder and CEO Leslie Wexner will be chased from his job by reports of his close relationship with serial sex offender Jeffrey Epstein. His other legacy was the amount of shareholder value...