Core Viewpoint - Victoria's Secret & Co. anticipates that the upcoming year will "gradually get better," despite facing challenges such as shaky consumer confidence and sales forecasts that fell short of expectations [1] Company Summary - The company's shares increased by 2% in after-hours trading [1]

Financial Performance - The Company reported net sales of $2.106 billion for the fourth quarter of 2024, a 1% increase compared to $2.082 billion in the fourth quarter of 2023[5]. - Comparable sales for the fourth quarter of 2024 increased by 5%, while full year comparable sales were flat[11][24]. - Net income for the fourth quarter of 2024 was $193 million, or $2.33 per diluted share, compared to $181 million, or $2.29 per diluted share in the fourth quarter of 2023[6]. - Adjusted net income for the fourth quarter of 2024 was $216 million, or $2.60 per diluted share, compared to $204 million, or $2.58 per diluted share in the fourth quarter of 2023[7]. - Net income attributable to Victoria's Secret & Co. for the thirteen weeks ended February 1, 2025, was $193,412, compared to $181,087 in the same period of 2024, reflecting a 6.8% increase[27]. - Adjusted net income attributable to Victoria's Secret & Co. for the fourth quarter of 2024 was $216,428, compared to $203,580 in 2023, representing a 6.4% increase[32]. Sales Forecast - The Company forecasts first quarter 2025 net sales to be in the range of $1.30 billion to $1.33 billion, down from $1.359 billion in the first quarter of 2024[15]. - For fiscal year 2025, the Company projects net sales between $6.2 billion and $6.3 billion, compared to $6.204 billion in fiscal year 2024[16]. Operating Income - Adjusted operating income for the fourth quarter of 2024 was $299 million, compared to $283 million in the fourth quarter of 2023[7]. - The Company expects adjusted operating income for fiscal year 2025 to be in the range of $300 million to $350 million[16]. - The company reported an operating income of $309,601 for the fiscal year ended February 1, 2025, up from $245,566 in 2024, a significant increase of 25.9%[29]. - Operating income for the thirteen weeks ended February 1, 2025, increased to $267,686, up 3.1% from $258,366 in 2024[27]. Store Operations - Total stores increased from 1,370 on February 3, 2024, to 1,387 on February 1, 2025, with a net addition of 17 stores[25]. - The company operated 782 stores in the U.S. as of February 1, 2025, down from 808 stores on February 3, 2024, a decrease of 3.2%[25]. International Sales - The Company experienced a 10.7% increase in international sales for the full year 2024 compared to the previous year[23]. Accounting Adjustments - The Company recorded a cumulative adjustment of approximately $26 million in the fourth quarter of 2024 due to a change in accounting estimate related to outstanding gift cards[8]. - The company recognized pre-tax expenses of $21.6 million related to impairment and other charges for certain equity method investments in the fourth quarter of 2024[34]. Share Information - The weighted average shares outstanding increased to 83,148 for the thirteen weeks ended February 1, 2025, from 78,909 in the prior year[27]. Gross Profit - Gross profit for the thirteen weeks ended February 1, 2025, was $813,433, down 1.4% from $825,841 in the prior year[27].

Fourth quarter comparable sales increase 5%Operating Income and EPS exceed expectationsProvides initial full year and first quarter 2025 guidance REYNOLDSBURG, Ohio, March 05, 2025 (GLOBE NEWSWIRE) -- Victoria’s Secret & Co. (“VS&Co” or the “Company”) (NYSE: VSCO) today reported financial results for the fourth quarter and fiscal year ended February 1, 2025. “I am pleased with the strength of our fourth quarter holiday results, which saw sales up in both our Victoria’s Secret and PINK brands and our powerho ...

Financial Performance - Victoria's Secret & Co. is expected to report fourth-quarter earnings of $2.3 per share, a decrease from $2.58 per share in the same period last year [1] - The company projects quarterly revenue of $2.08 billion, unchanged from the previous year [1] Management Changes - The company announced the retirement of Chief Financial and Administrative Officer Timothy Johnson and appointed Scott Sekella as the new Chief Financial Officer [2] Stock Performance and Analyst Ratings - Victoria's Secret shares fell 2.6% to close at $23.38 [2] - Analysts have varied opinions on the stock, with Wells Fargo maintaining an Equal-Weight rating and lowering the price target from $45 to $40 [4] - Goldman Sachs maintained a Sell rating and reduced the price target from $40 to $35 [4] - Barclays upgraded the stock from Equal-Weight to Overweight and raised the price target from $51 to $53 [4] - Morgan Stanley maintained an Equal-Weight rating and cut the price target from $44 to $40 [4] - TD Cowen maintained a Hold rating and increased the price target from $35 to $45 [4]

Core Viewpoint - Victoria's Secret & Co. is set to release its fourth-quarter 2024 results on March 5, with expectations of a decline in earnings and revenues year-over-year, despite a history of earnings beats in previous quarters [1][4][17]. Earnings Performance - In the last reported quarter, the company's earnings exceeded the Zacks Consensus Estimate by 21.9%, with an average earnings surprise of 10.3% over the trailing four quarters [2][3]. - The Zacks Consensus Estimate for fourth-quarter adjusted earnings is $2.30 per share, indicating a 10.9% year-over-year decline, while revenues are estimated at $2.08 billion, reflecting a 0.1% year-over-year slip [4]. Factors Influencing Performance - The fourth-quarter performance is expected to benefit from strong brand momentum, digital expansion, and marketing initiatives, with North America sales estimated at $1.19 billion, implying a 3% year-over-year growth [7]. - The company reported increased foot traffic in physical stores and higher digital engagement, attributed to an enhanced product assortment and positive brand exposure from the Victoria's Secret Fashion Show [8]. - Growth in the beauty segment and strong performances in the sports bra and PINK apparel categories are also expected to contribute positively, although challenges in the intimate apparel market and economic uncertainties may negatively impact revenues [9]. Cost and Valuation Insights - The bottom line may be adversely affected by increased transportation costs and higher incentive compensation expenses [10]. - The stock has gained 2% over the past year, underperforming its industry, but has outperformed competitors like American Eagle Outfitters and Capri Holdings [11]. - Victoria's Secret is currently valued at a discount compared to its industry, with a forward 12-month price-to-sales ratio of 0.33, lower than the industry average and the S&P 500 [14]. Investment Considerations - The company has shown resilience with consistent earnings beats and strong brand momentum, particularly in North America, supported by digital expansion and product innovation [17]. - Despite trading at a discount, the stock performance has lagged, suggesting limited short-term upside potential, leading to a recommendation for investors to hold existing positions while awaiting clearer signs of sustained profitability [18].

Core Viewpoint - Victoria's Secret (VSCO) is expected to report a decline in quarterly earnings and revenues, with earnings per share projected at $2.30, down 10.9% year-over-year, and revenues forecasted at $2.08 billion, reflecting a slight decrease of 0.1% compared to the previous year [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been revised downward by 1.9%, indicating a collective reassessment by analysts of their initial forecasts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock price performance [3]. Key Metrics - Analysts estimate 'Geographic Net Sales- Direct' to reach $775.43 million, representing a year-over-year increase of 5.6% [5]. - The projected number of 'Total stores - Company-Operated' is 806, down from 831 in the same quarter last year [5]. - The average prediction for 'Total stores - China Joint Venture' is 69, slightly down from 70 reported in the same quarter of the previous year [6]. Stock Performance - Over the past month, Victoria's Secret shares have declined by 26.9%, contrasting with a 2.4% decrease in the Zacks S&P 500 composite [6]. - Based on its Zacks Rank 3 (Hold), VSCO is expected to perform in line with the overall market in the near term [6].

Company Overview - Victoria's Secret (VSCO) is expected to report earnings for the quarter ended January 2025, with a consensus estimate of $2.31 per share, reflecting a year-over-year decline of 10.5% [3] - Revenues are anticipated to be $2.1 billion, which is a 1% increase from the previous year [3] Earnings Expectations - The consensus EPS estimate has been revised down by 1.92% over the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for Victoria's Secret is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +0.11%, suggesting a likelihood of beating the consensus EPS estimate [10][11] Historical Performance - In the last reported quarter, Victoria's Secret was expected to post a loss of $0.64 per share but actually reported a loss of $0.50, achieving a surprise of +21.88% [12] - The company has beaten consensus EPS estimates in the last four quarters [13] Market Sentiment - The stock's movement may be influenced by how actual results compare to expectations, with potential for a price increase if results exceed estimates [2] - The Zacks Rank for Victoria's Secret is currently 3 (Hold), which indicates a moderate outlook [11] Industry Context - Another player in the retail apparel sector, Nordstrom (JWN), is expected to report earnings of $0.90 per share, reflecting a year-over-year decline of 6.3% [17] - Nordstrom's revenues are projected to be $4.29 billion, down 2.9% from the previous year [17] - Nordstrom has an Earnings ESP of 14.99% and a Zacks Rank of 2 (Buy), suggesting a strong likelihood of beating consensus EPS estimates [18]

The ready-to-wear collection features limited-edition styles that unite Victoria's Secret's iconic glamour with Altuzarra's elevated womenswear design and modern femininity.NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Today, Victoria's Secret announced the launch of Atelier Victoria's Secret x Altuzarra, the first in a series of limited-edition collections created in partnership with celebrated womenswear designer Joseph Altuzarra – Victoria's Secret's first-ever designer in residence. The collaboration champion ...

A downtrend has been apparent in Victoria's Secret (VSCO) lately with too much selling pressure. The stock has declined 10% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, fo ...

REYNOLDSBURG, Ohio, Feb. 12, 2025 (GLOBE NEWSWIRE) -- In conjunction with the Victoria’s Secret & Co. (NYSE: VSCO) fourth quarter 2024 earnings release, which will cross the wire after market close on Wednesday, March 5th, you are invited to listen to a live webcast of the conference call on Thursday, March 6th at 8:00 a.m. ET with Victoria’s Secret & Co. executives. What:Victoria’s Secret & Co. Fourth Quarter 2024 Earnings Conference Call WebcastWhen:8:00 a.m. ET on Thursday, March 6, 2025Where:https://www ...