Streetbeat News

VSCO

Victoria's Secret & Co.

https://www.victoriassecretandco.com

Industry

Apparel - Retail

Victoria's Secret & Co. operates as a specialty retailer of women's intimate, personal care, and beauty products worldwide. The company offers bras, panties, lingerie, sleepwear, loungewear, and athletic attire and swimwear, as well as fragrances and body care products, and accessories under the Victoria's Secret and PINK brands. As of March 2, 2022, it operated approximately 1,400 retail stores. The company was incorporated in 2021 and is headquartered in Reynoldsburg, Ohio.

Open

36.27

Mkt cap

2.8B

Volume

696K

High

36.48

P/E Ratio

20.64

52-wk high

37.72

Low

35.47

Div yield

N/A

52-wk low

15.12

Victoria's Secret (NYSE:VSCO) reported Q4 earnings of $2.58 per share, surpassing the $2.47 estimate, and sales of $2.08B, slightly missing the $2.09B estimate. Earnings and sales both showed an increase from the previous year.

Portfolio Pulse from Happy Mohamed

March 06, 2024 | 9:18 pm

Markets rallied following Fed Chair Jerome Powell's reassurances about easing monetary policy in 2024 if inflation targets are met. The Nasdaq 100 led gains among major indices. The iShares Russell 2000 ETF, Nvidia, and the SPDR Gold Trust were among the notable performers. Other assets like Bitcoin also saw increases. Several companies reacted to earnings reports, with CrowdStrike and Palantir Technologies seeing significant gains, while New York Community Bancorp and Nordstrom faced steep declines.

Portfolio Pulse from Piero Cingari

March 06, 2024 | 7:24 pm

U.S. stock futures indicate a rebound with tech stocks leading, as investors await Fed Chair Powell's testimony and economic data releases. Tuesday saw a pullback in major indices due to concerns over overbought levels and upcoming economic catalysts. The SPDR S&P 500 ETF Trust and Invesco QQQ ETF are up in premarket trading. Key earnings reports and economic data, including the ADP private payrolls and Fed's Beige Book, are anticipated. Nordstrom, Ross Stores, and CrowdStrike Holdings moved significantly on earnings news.

Portfolio Pulse from Shanthi Rexaline

March 06, 2024 | 11:38 am

Numerous companies are scheduled to report their earnings on March 6, 2024, covering a wide range of industries from technology to retail. Notable mentions include JD.com with expected earnings of $0.63 per share on a revenue of $42.16 billion, and Abercrombie & Fitch forecasting $2.83 per share on $1.43 billion revenue. Other companies like Foot Locker, Thor Industries, and Campbell Soup are also set to report their earnings, alongside firms expected to report losses such as WAVE Life Sciences and EVgo.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 10:00 am

Victoria's Secret (NYSE:VSCO) is anticipated to report a quarterly EPS of $2.47 on March 6, 2024. Despite a history of mixed earnings performance, with a notable miss last quarter followed by a share price increase, analysts and investors are keen on the upcoming earnings guidance. The stock has declined by 20.78% over the last year, indicating a bearish outlook among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 4:01 pm

U.S. stocks were lower on Monday, with significant movements in several companies. Tesla's shares fell 5.4% due to a reported decline in China sales. Other notable movements include Avidity Biosciences dropping 16.6% after announcing trial data, New York Community Bancorp declining 13.6% due to identified material weaknesses, and Spirit Airlines dipping 12.1% after terminating its merger with JetBlue. Various other stocks also recorded losses.

Portfolio Pulse from Avi Kapoor

March 04, 2024 | 3:40 pm

Telsey Advisory Group analyst Dana Telsey reiterated a 'Market Perform' rating on Victoria's Secret (VSCO) and maintained a $29 price target.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 11:03 am

MercadoLibre, Inc. (MELI) shares fell by 9.6% after reporting Q4 financial results with earnings per share of $3.25, unchanged from last year, but beating sales estimates. Other stocks showed significant movement, with AXT, Inc. (AXTI) and Maravai LifeSciences Holdings, Inc. (MRVI) among the top gainers, while Sequans Communications S.A. (SQNS) and Smith Micro Software, Inc. (SMSI) led the losers.

Portfolio Pulse from Avi Kapoor

February 23, 2024 | 7:07 pm

Today's session highlighted significant options activity in the Consumer Discretionary sector, with notable trades in AMZN, IRBT, RIVN, TSLA, BABA, WING, PLCE, VSCO, JD, and MELI. The activity ranged from bullish to bearish sentiments, involving both call and put options with varying expiration dates and strike prices. This unusual activity could indicate potential trading opportunities.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 5:35 pm

Shares of retail and apparel companies including BBY, BIRK, CRMT, CVNA, EXPR, FND, HD, KMX, PLCE, RH, SNBR, TBLT, VFC, VSCO, and W are trading lower following January CPI data indicating a higher-than-expected inflation rise.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 8:50 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.