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LB - L Brands: Taking L's All Year
November, 20 2020 01:03 AM
L Brands Inc.
Victoria's Secret has been a laggard for L Brands. The deal to sell 55% of Victoria's Secret to Sycamore Partners was terminated. Even if L Brands sells Victoria's Secret, the company is overvalued at 25x earnings and the only value I see is from a possible bankruptcy sale. For further details see:
L Brands: Taking L's All Year
Stock Information
Company Name:
L Brands Inc.
Stock Symbol:
LB
Market:
NYSE
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