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L Brands Analyst Day Has Wall Street Playing Wait-And-See On Victoria's Secret Turnaround
Wednesday, September 11, 2019 - 4:30pm | 758L Brands Inc (NYSE: LB) hosted an analyst day this week, and much of the focus was on the embattled Victoria’s Secret brand. The company provided a longer-term goal for the brand to achieve 10-15% operating margins. BofA Stays Sidelined The margin goal is unrealistic given changes in...
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Victoria's Secret Is Dragging On L Brands, Analysts Say After Q2 Print
Thursday, August 23, 2018 - 3:56pm | 721L Brands Inc (NYSE: LB) may have beaten estimates in its second-quarter report Wednesday, but shares are still reeling after the retailer cut its 2018 EPS estimate. The company's flagship Victoria's Secret appears to be stuck in its ways and struggling with a changing fashion consumer...