Victoria's Secret & Co. reported its first positive comparable sales quarter in Q3 2024, with international sales driving a 3% increase. The stock price has surged 200% since the new CEO's appointment, leading to concerns of overvaluation despite improved guidance. Achieving a decent return requires belief in sustained mid-single-digit revenue growth and doubling operating margins, which carrie...
Victoria's Secret & Co. has shown significant improvement, with Q3 net sales up 7% and comparable sales increasing 3%, surpassing expectations. Despite a net loss, the adjusted net loss was better than guidance, indicating strong operational performance and effective cost control. Management's positive Q4 guidance and increased full-year outlook suggest continued momentum, but the retail enviro...
Victoria's Secret & Co. (NYSE:VSCO ) Q3 2024 Earnings Conference Call December 6, 2024 8:00 AM ET Company Participants Kevin Wynk - VP, External Financial Reporting & IR Hillary Super - CEO Tim Johnson - CFO Conference Call Participants Simeon Siegel - BMO Capital Markets Brooke Roach - Goldman Sachs Alex Straton - Morgan Stanley Ike Boruchow - Wells Fargo Matthew Boss - JPMorgan Dana Telsey - ...
Victoria's Secret (VSCO) shares are rising in premarket trading after the lingerie retailer boosted its sales outlook as it builds on strong Thanksgiving weekend sales.
Victoria's Secret on Thursday raised its full-year sales outlook after making gains via the back-to-school season and a new sportswear launch, noting that improved performance in the third quarter had continued through Black Friday and Cyber Monday.
Q3 Sales and operating results better than guidance Q3 Sales increase of 7% represents sequential improvement for the fifth consecutive quarter Raises full year 2024 outlook and provides fourth quarter guidance REYNOLDSBURG, Ohio, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Victoria's Secret & Co. (“Victoria's Secret” or the “Company”) (NYSE: VSCO) today reported financial results for the third quarter e...
REYNOLDSBURG, Ohio, Nov. 13, 2024 (GLOBE NEWSWIRE) -- In conjunction with the Victoria's Secret & Co. (NYSE: VSCO) third quarter 2024 earnings release, which will cross the wire after market close on Thursday, December 5th, you are invited to listen to a live webcast of the conference call on Friday, December 6th at 8:00 a.m. ET with Victoria's Secret & Co. executives.
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