• RBC: Victoria's Secret is trading at 'negative value'

    2 monthes ago - By Business Insider

    Victoria's Secret is losing an estimated $800 million in profits, according to RBC Capital Markets analyst Brian Tunick.
    Wall Street appears to be assigning "little to negative value" to the franchise, he said.
    Bath & Body Works contributed over 70% of L Brands ' bottom line this year.
    Pink, another adjacent category, is more promotional than Victoria's Secret.
    Watch L Brands trade in real-time here
    Victoria's Secret's $7 billion franchise appears to be trading at "negative value", RBC Capital Markets analyst Brian Tunick said ahead of its owner L Brands ' earnings on Wednesday.
    In the...
    Read more ...

     

  • ANALYST: Victoria's Secret is trading at 'negative value'

    ANALYST: Victoria's Secret is trading at 'negative value'

    2 monthes ago - By Business Insider

    Victoria's Secret is losing an estimated $800 million in profits, according to RBC Capital Markets analyst Brian Tunick.
    Wall Street appears to be assigning "little to negative value" to the franchise, he said.
    Bath & Body Works contributed over 70% of L Brands ' bottom line this year.
    Pink, another adjacent category, is more promotional than Victoria's Secret.
    Watch L Brands trade in real-time here
    Victoria's Secret's $7 billion franchise appears to be trading at "negative value", RBC Capital Markets analyst Brian Tunick said ahead of its owner L Brands ' earnings on Wednesday.
    In the...
    Read more ...

     

  • ANALYST: Victoria's Secret is trading at 'negative value'

    ANALYST: Victoria's Secret is trading at 'negative value'

    2 monthes ago - By Business Insider

    Victoria's Secret is losing an estimated $800 million in profits, according to RBC Capital Markets analyst Brian Tunick.
    Wall Street appears to be assigning "little to negative value" to the franchise, he said.
    Bath & Body Works contributed over 70% of L Brands ' bottom line this year.
    Pink, another adjacent category, is more promotional than Victoria's Secret.
    Watch L Brands trade in real-time here
    Victoria's Secret's $7 billion franchise appears to be trading at "negative value", RBC Capital Markets analyst Brian Tunick said ahead of its owner L Brands ' earnings on Wednesday.
    In the...
    Read more ...