L Brands on Pace for Lowest Close Since January 2010 -- Data Talk
August 22 2019 - 1:42PM
Dow Jones News
L Brands Inc. (LB) is currently at $18.99, down $1.34 or
6.59%
-- Would be lowest close since Jan. 25, 2010, when it closed at
$18.60
-- On pace for largest percent decrease since Aug. 14, 2019,
when it fell 8.03%
-- On Wednesday, L Brands reported second-quarter net sales of
$2.9 billion, compared with $2.98 billion a year earlier. Analysts
polled by FactSet predicted $2.95 billion in revenue
-- Profit for the quarter also missed Wall Street forecasts,
dropping to $37.6 million, or 14 cents a share, compared with $99
million, or 36 cents a share, a year earlier
-- Currently down three of the past four days
-- Down 26.82% month-to-date
-- Down 26.02% year-to-date
-- Down 81.05% from its all-time closing high of $100.22 on Nov.
4, 2015
-- Down 32.78% from 52 weeks ago (Aug. 23, 2018), when it closed
at $28.25
-- Would be a new 52-week closing low
-- Traded as low as $17.61; lowest intraday level since Dec. 9,
2009, when it hit $17.58
-- Down 13.38% at today's intraday low; largest intraday percent
decrease since Nov. 20, 2018, when it fell as much as 18%
-- Worst performer in the S&P 500 today
-- Fifth most active stock in the S&P 500 today
All data as of 12:57:15 PM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 22, 2019 13:27 ET (17:27 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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