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

35.66

Mkt cap

2.7B

Volume

1.8M

High

36.02

P/E Ratio

19.98

52-wk high

36.10

Low

34.52

Div yield

N/A

52-wk low

15.12

Victoria's Secret has announced its preliminary Q2 adjusted EPS to be between $0.34 and $0.39, significantly higher than the estimated $0.15 and the prior outlook of $0.05 to $0.20. The company also updated its net sales growth to a range of -1% to -2%, compared to the previous guidance of -1% to -3%.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:31 am

Victoria's Secret announced preliminary Q2 2024 results that are expected to meet or exceed company guidance for net sales, adjusted operating income, and adjusted EPS. This announcement coincides with the appointment of a new CEO.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:26 am

Victoria's Secret & Co. has appointed Hillary Super as the new Chief Executive Officer, effective September 9.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:04 am

Stocks had a mixed start on Monday with major indices slightly up. Key economic events this week include Fed Chair Jerome Powell's speech and labor market data. Technology sector outperformed, while materials and real estate struggled. Treasury yields rose, impacting the iShares 20+ Year Treasury ETF (TLT). Crude oil prices surged above $83 a barrel. Tesla and other EV stocks rallied, while cruise-line stocks and Victoria's Secret saw significant declines.

Portfolio Pulse from Piero Cingari

July 01, 2024 | 5:22 pm

Shares of retail companies are trading higher amid overall market strength.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 7:56 pm

Barclays analyst Adrienne Yih maintains an Underweight rating on Victoria's Secret (NYSE:VSCO) but raises the price target from $16 to $19.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 5:45 pm

Telsey Advisory Group has maintained a Market Perform rating on Victoria's Secret (NYSE:VSCO) and raised the price target from $20 to $24.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:12 pm

Analysts have mixed ratings for Victoria's Secret (NYSE:VSCO) with a recent negative shift in sentiment. The average 12-month price target has decreased by 7.3% to $16.5. Financial performance shows positive revenue growth and strong profitability, but high debt levels pose challenges.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 6:00 pm

Telsey Advisory Group has maintained its Market Perform rating and $20 price target for Victoria's Secret (NYSE:VSCO).

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:46 pm

Victoria's Secret & Co. (NYSE:VSCO) reported a 3.4% Y/Y revenue decline for Q1 FY24, with total comparable sales down 5% Y/Y. Despite a challenging retail environment, the company managed to beat EPS estimates. The stock is down 2.92% premarket. Investors can also gain exposure through SPDR S&P Retail ETF (NYSE:XRT).

Portfolio Pulse from Lekha Gupta

June 06, 2024 | 12:03 pm

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