Victoria's Secret might be 'broken' as L Brands slashes its outlook

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Victoria's Secret is looking broken, according to one analyst, following the earnings report by tha lingerie retailer's parent company, L Brands.

Shares of L Brands, which also owns Bath & Body Works, initially sold off Thursday after the company slashed its full-year profit outlook. However, as the retailer discussed during a call with the financial community its plans to improve performance, the stock recouped its losses and climbed more than 3 percent.

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