Research Notes: Value In Specialty Retail, Part II

We look at the bull/bear cases for VSCO, DBI, and LE

Highlights:

• VSCO has plunged to an all-time low — but brand challenges suggest there might still be room for shorts to pile in.

• Ahead of earnings, DBI is a contrarian play in a contrarian space; the long-term strategy might suggest upside.

• Lands’ End is growing, yet LE stock has not. Is the business better than the market is giving it credit for?

After taking a broader look at the space on Wednesday, let’s get to zooming in on a few intriguing stories in the sector.