Victoria`s Secret & Co Stock News

The intimate apparel specialist had quite an eventful week. It named a new CEO and provided a set of preliminary second-quarter results.

Victoria's Secret stock upgraded to a buy due to bullish developments. The leadership change with Hillary Super as CEO is considered a positive catalyst. VSCO's preliminary Q2 results exceed expectations, showing signs of improvement in sales and margins.

Hillary Super will be its next CEO. She most recently led Savage X Fenty and was also global CEO of Anthropologie.

Victoria's Secret (VSCO) shares jumped in intraday trading Wednesday after the company appointed a new chief executive and posted preliminary second-quarter adjusted earnings per share (EPS) that topped prior guidance.

Victoria's Secret & Co. (NYSE:VSCO) shares jumped Wednesday morning after the lingerie firm said it has appointed Hillary Super, formerly of Savage X Fenty, as its new CEO. Super, who previously led Anthropologie and Savage X Fenty, succeeds Martin Waters.

Victoria's Secret (NYSE: VSCO ) stock is on the move Wednesday after the women's apparel company announced that Hillary Super will be taking over as its next CEO. Super is replacing Martin Waters as board member and CEO of Victoria's Secret.

Victoria's Secret & Co (NYSE: VSCO) named Hillary Super its new chief executive on Wednesday. Investors are cheering the news as Super is a seasoned retail executive who has previously held top positions at the likes of Savage X Genty (music star Rihanna's fashion line) and Anthropologie.

Shares of lingerie brand Victoria's Secret were up as much as 18% in premarket trading Wednesday morning after the struggling brand announced it would hire Hillary Super, former CEO of Rihanna's popular Savage x Fenty brand, as its new chief executive.