Company Earnings Update | August 22, 2019 Register for Free Access L Brands (NYSE: LB) 2Q19: Victoria’s Secret Still a Drag on Earnings but Early Read on Swim is PositiveL Brands 2Q19 revenues were $2.90 billion, down 2.8% year over year and lower than the consensus estimate of $2.95 billion. Comparable sales were down 1% compared to a 3% increase last year and below the consensus estimate of a 0.2% rise. Read More
Company Earnings Update | May 29, 2019 Register for Free Access L Brands (NYSE: LB) 1Q19 Results: Mixed Results, Focus on Improving Merchandise Assortment at Victoria’s Secret and PINKL Brands 1Q19 revenues were $2.63B, up 0.1% YoY and higher than the consensus estimate of $2.56B. Comparable sales were flat compared to a 3% increase last year and above consensus of (1.3)%. Read More
Deep Dive | May 20, 2019 Premium The $13 Billion US Women’s Underwear Industry: Disruption Creates OpportunityThe $13.1 billion US women’s underwear market is changing. Traditional market leaders are losing market share to athletic retailers or digitally native, smaller brands. Body positivity and inclusivity are central to an evolving definition of “sexy”. Technology is enabling brands to improve fit and bring new designs to market. Read More
Insight Report | April 12, 2019 Premium US Retail Inventory Tracker, 4Q18: Potential Tariff Hike and Poor Holiday Sales Lead to Higher InventoriesIn this first of our quarterly US Retail Inventory Tracker reports we analyze inventory trends among our Coresight 100 US retailers. Read More
Company Earnings Update | March 1, 2019 Register for Free Access L Brands (NYSE: LB) 4Q18 Results: Mixed Results, Victoria’s Secret to Close 53 Stores in 2019L Brands 4Q18 revenues were $4.85B, up 0.6% YoY and lower than the consensus estimate of $4.91B. The company reported 4Q18 adjusted EPS of $2.14, higher than the consensus estimate of $2.08. Read More
Insight Report | February 12, 2019 Premium January 2019 US Same-Store Sales: Costco Misses Consensus, L Brands Comps DeclineCostco’s January comps misses expectations but e-commerce continues to shine Read More
Store Tracker | September 21, 2018 Premium Weekly Store Openings and Closures Tracker 2018, Week 38: L Brands to Close All 23 Henri Bendel StoresYear-to-date (YTD) 2018, the number of US store closure announcements stands at 4,612 and the number of store openings is 2,743. YTD in the UK, there have been 1,232 store closure announcements and 737 store opening announcements. Read More
Insight Report | September 17, 2018 Premium August 2018 US Same-Store Sales: Strong Beat by CostcoCostco’s same-store sales rose higher in August this year compared to the growth reported in the same month last year. Read More
Insight Report | August 14, 2018 Premium July 2018 US Same-Store SalesCostco’s same-store sales grew higher in July this year compared to the growth reported in the same month last year. Buckle and Cato brands’ comp growth turned positive compared to declines posted in July 2017. L Brands’ comps were flat. Read More
Insight Report | July 16, 2018 Premium June 2018 US Same-Store SalesCostco’s same-store sales growth accelerated in June versus the same period last year. Buckle, Cato and L Brands all reported comp improvement year over year. Read More
Insight Report | June 19, 2018 Premium May 2018 US Same-Store SalesSame-store sales for Costco saw an acceleration in May versus the same period last year. Cato, Buckle and L Brands all reported positive May comps, which also accelerated versus the same period last year. Read More
Insight Report | April 17, 2018 Premium March 2018 US Same-Store SalesSame-store sales for the group improved in March, and Costco, Cato and L Brands all reported positive comps for the month. Costco and L Brands beat comp estimates. Read More
Market Outlook | August 4, 2017 Premium Reviewing Trends in the Global Fragrance MarketThis report analyzes the global fragrance market including market size, sales growth, segmentation, distribution channels and key trends. Read More
Company Earnings Update | May 18, 2017 Register for Free Access L Brands (LB) 1Q17 Results: Beats on EPS Despite Victoria’s Secret’s Sales SlumpL Brands reported 1Q17 adjusted EPS of $0.33, down 44.1% from the year-ago quarter, but above the $0.29 consensus estimate. Total revenues were $2.44 billion versus expectations of $2.46 billion, and were down 6.8% year over year. Read More
Company Earnings Update | February 23, 2017 Register for Free Access L Brands (LB) 4Q16 Results: Beats Expectations, Comps FlatL Brands reported 4Q16 revenue of $4.5 billion, up 2.2% from last year’s $4.4 billion and beating the consensus estimate of $4.4 billion. Adjusted EPS was $2.03, beating the consensus estimate of $1.90. Read More