LB

L Brands Inc

Consumer


Presented:08/24/2017
Price:$36.25
Cap:$10.47B
Current Price:$51.39
Cap:$0.90B

Presented

Date08/24/2017
Price$36.25
Market Cap$10.47B
Ent Value$19.45B
P/E Ratio10.63x
Book ValueN/A
Div Yield4.59%
Shares O/S288.94M
Ave Daily Vol4,063,356
Short Int8.72%

Current

Price$51.39
Market Cap$0.90B
L Brands, Inc. engages in the retail business. It is focused on women's intimate and other apparel, personal care and beauty categories. It operates its business through Victorias Secret and Bath & Body Works International segment. Its brands include Victorias Secret, Bath and Body Works, Pink, La Senza, and Henri Bendel. The company was founded by Leslie Herbert Wexner in 1963 and is headquartered in Columbus, OH.

Publicly traded companies mentioned herein: American Eagle Outfitters (AEO), L Brands Inc (LB)

Highlights

The presenter is short shares of L Brands (LB), seeing meaningful downside from the Victoria’s Secret segment and limited upside in the Bath and Body Works segment. The presenter is modelling continued negative comps at Victoria’s Secret for the remainder of the year, leading to pressure on operating margins. By his model, LB shares could trade down to $26 in one year’s time, with further downside should Bath and Body Works also start to see negative comps.

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Idea Discussion

Commentor 1 - 2 weeks ago

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