L Brands (LB) stock: will it bounce back?
The company as an established record of beating earnings estimates--the average surprise for the past two quarters was 8%.
However, the overall retail environment is not very favorable. Retail and department store sales have taken a hit as e-commerce expanded, providing tough competition.
L Brands' revenue per store has declined in the past two years, and the number of new store openings is record low--only one in 2017. The company is now focused on international markets growth; by-and-large, it is ignoring poor results in the United States.
However, the overall retail environment is not very favorable. Retail and department store sales have taken a hit as e-commerce expanded, providing tough competition.
L Brands' revenue per store has declined in the past two years, and the number of new store openings is record low--only one in 2017. The company is now focused on international markets growth; by-and-large, it is ignoring poor results in the United States.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.