How do you all feel about TOO's prospects? I'm
intrigued that its niche of preteen girls does not have
tons of competitors like say the teen market itself.
Do you think flying solo improves its chances or was
it better staying under LTD? I think so though only
drawback can see is LTD leasing dept. and legal dept. (led
by Ally McBeal!?) has been known for striking many
good lease deals, I presume by offering malls the
chance to land several tenants (LTD divisions) at once
(I've noticed LTD stores arriving in malls tend to open
at once). By moving into their own place top brass
can no doubt set their own agenda and marketing
direction and not be directed by another dept. who may not
stay on top of trends,etc. - and LTD overall simply
didn't perform well until recently - own IBI but not LTD
anymore - bought small amount of TOO last week but
waiting awhile for price to settle before adding more.
But again, the lack of direct competition a real plus
(compare to the young contmp. market that only bebe and
arden B are in). The sky's the limit for TOO - let's
hope they deliver. Out of breath, my $0.04 - any other
thoughts? Let's have a good time on this board here! Good
luck with TOO!
While I don't have a 'tween daughter, many at my
office do and TOO is a big favorite for them - where
else to go but dept. stores when too young for reg.
teen stores? Opportunities when there's little
Question for you all - given natural price swings for new
stock and no doubt there's much movement for those
receiving spin-off shares - what might the expected price
range once the dust settles? Will be good to hear what
tech. analys. holding TOO will expect down the road.
Good luck with TOO everyone.
both of my nieces got their catalogs and squealed
with delight, poor mom. fun to note that previously,
many cos. with kids catalogs would mail to parents,
not to kids (go where the dough is?), but TOO mailed
directly to the girls and they're putting serious pressure
to buy more goodies, such as asking mom every five
minutes to order something. not all clothes either, esp.
want novelties like face glitter, hair stuff, you name
it. nice market strategy for us investors, living
hell for parents. go too.
Their boards are split (LTD, ANF and TOO). Only
two possible connections I see are: 1)Wexner owns
about 25% of TOO due to his ownership of LTD. He said
he wasn't selling after the split. 2) ANF still
leases office and warehouse space from LTD (different
location than TOO, however). Lease runs through Jan
I hear that TOO's business got much better after
their catalog went out, but I can't quantify how much
First- thanks to those with some "personal
experience", luckily for my pocketbook my family (including 12
year old daughter) live a couple hundred miles from
the nearest TOO store.
Jvb- I didn't mean to imply
any real connection between ANF and TOO (and I've
owned LTD for years, and have some ANF as well- so I
know the history), however there are some perceived
connections (I'll have to check on whether there are any
shared board members- maybe not anymore). In any case,
it seems that TOO is doing well with its target
market, and that indicates good things to come.
case- good luck with your investments.
What possible connection could you make between
TOO and ANF? There is NO (repeat NO) connection! ANF
is a seperate company and has been so since 1996!
LTD does not even own a piece of ANF. They completely
divested in 1998.
TOO's price dip is more tied to
your first sentence. Most shareholders acquired their
shares through the spin-off and are now evaluating
whether or not they wish to hold on to TOO. Similar dips
occurred with both IBI and ANF a couple of months after
their spin-off. Both have recovered very well (even
including ANF's recent woes.)
All her freinds and my daughter want
at this store. Live in suburban Philly. Bought all
school clothes at Limited Too. Just received
catalog in mail last week. Excellent catalog highlighting
holiday season. It was done as professionally as any
catalog that we
receive. Nothing to worry about
The girls want to shop here and what
to dissapoint his 13 year old.
too 10Q from
Like many of you, I'm in this because of the spin off.
I suspect that the stock is depressed right now
because of the ANF legal problems (investors are afraid
they may run in the "family")- if TOO's books and
management are clean this may be a great buying opportunity.
Does anyone have a daughter who shops in their stores?
We could use a report.
I like the idea of TOO but I would have never
gotten into it if I didn't have the LTD. It has kinda
grown on me and you-all are right this has a lot of
upside potential. Also I think the logo will be alot
better on clothes than some I've seen. "Old Navy" is hot
with the kids but TOO looks more 2000 and beyond...