Recap: Victoria's Secret Q1 Earnings
Portfolio Pulse from Benzinga Insights
Victoria's Secret (NYSE:VSCO) reported Q1 earnings with an EPS of $0.28, missing estimates by 48.15%. Revenue was down $77 million from the same period last year.
May 31, 2023 | 8:31 pm
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Victoria's Secret Q1 earnings missed estimates by 48.15%, reporting an EPS of $0.28. Revenue was down $77 million from the same period last year.
Victoria's Secret reported a significant miss in Q1 earnings, with an EPS of $0.28 compared to the estimated $0.54. This underperformance, combined with a decrease in revenue from the same period last year, is likely to negatively impact the stock price in the short term.
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