Victoria's Secret is losing an estimated $800 million in profits, according toRBC Capital Markets analyst BrianTunick. Wall Street appears to be assigning "little to negative value" to the franchise, he said. Bath & Body Works contributed over70% ofL Brands' bottom line this year. Pink, anotheradjacent category, is more promotional than Victoria'sSecret. 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 ...
Victoria's Secret is losing an estimated $800 million in profits, according toRBC Capital Markets analyst BrianTunick. Wall Street appears to be assigning "little to negative value" to the franchise, he said. Bath & Body Works contributed over70% ofL Brands' bottom line this year. Pink, anotheradjacent category, is more promotional than Victoria'sSecret. 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 ...
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