Victoria's Secret Q1 EPS $0.28 Down From $1.11 YoY, Sales $1.41B Miss $1.42B Estimate
Portfolio Pulse from Benzinga Newsdesk
Victoria's Secret reported Q1 earnings of $0.28 per share, a 74.77% decrease YoY, and quarterly sales of $1.41 billion, missing the $1.42 billion estimate and down 5.19% YoY.
May 31, 2023 | 8:16 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Victoria's Secret Q1 earnings fell 74.77% YoY to $0.28 per share, and sales missed estimates at $1.41 billion, down 5.19% YoY.
Victoria's Secret reported a significant decrease in earnings and missed sales estimates, which could negatively impact the stock price in the short term. The 74.77% YoY decrease in earnings and 5.19% decrease in sales indicate a weaker financial performance compared to the same period last year.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100