solar generator

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VS Products Inc

Promotion events, inventory management and decline in beauty dampened the merchandise margin rate. On the other hand, Bath and Body Works reported a jump of 3% in comps from the previous year's 8%. This was from direct channel sales and high revenues from the semi-annual sale. LB expects to have a windfall from the oncoming Valentine's Day sales. The company reported a net income of $122 million in Q3 of 2016, compared to $164 million in Q3 of 2015. The normalized basic EPS fell from 0.5600 in Q3 of 2015 to 0.4300 in Q3 of 2016. The forecast for 2017 is not very rosy, in the face of changing consumer trends. Many consumers especially in the major markets now prefer spending on experiences rather than physical goods. There is also uncertainty in the stock market and investors are increasingly wary of volatile stocks. LB's stock seems to be in a stagnant state and recovery will not be fast, given that the company is still trying to milk maximum revenue from the remaining segments after quitting apparel. I would give a sell recommendation on LB stock until the fashion giant indicates an upward tick in the right direction.

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