Victoria's Secret shares sink as sales miss despite better adjusted earnings
Victoria's Secret shares fell after the lingerie retailer reported adjusted earnings of 95 cents per share for its fiscal second quarter, but sales missed expectations and its turnaround narrative took a hit.
By Kit NortonShares of Victoria's Secret sank Thursday after the lingerie retailer reported better-than-expected quarterly earnings, but the company's business turnaround took a hit as sales missed expectations.Victoria's Secret posted adjusted earnings of 95 cents a share in the fiscal second quar…