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. What:Victoria’s Secret & Co. Third Quarter 2024 Earnings Conference Call WebcastWhen:8:00 a.m. ET on Friday, December 6th, 2024Where:https:/ ...

When a retailer falls, it falls quickly. Lauren Sherman and Chantal Fernandez are co-authors of Selling Sexy: Victoria's Secret and the Unraveling of an American Icon. In this podcast, they join Motley Fool host Mary Long to talk about topics including: What Les Wexner understood about American consumers. The new competition for Victoria's Secret. Lessons for retailers from Abercrombie & Fitch. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started invest ...

It was in May 2023 that we last discussed Victoria's Secret (NYSE: VSCO ). We discussed the company's rise and fall at the time, as well as the reasons we believe VSCO has the potential Our mission is to help investors to grow their fortune and enjoy investing along the way. Our approach is investing in companies making a difference and creating phenomenon value for human societies. We hedge our portfolio with short positions on companies failing to take care of their customers and utilize resources economi ...

Kate Moss has made her Victoria's Secret Fashion Show debut, following her daughter on the catwalk - as the US lingerie brand brought its famous show back after six years. Some of the world's most famous models and musicians took part in the fashion show in New York, including sisters Gigi and Bella Hadid, Tyra Banks, and Adriana Lima. Valentina Sampaio and Alex Consani also made history as they became the first transgender models to walk the famous Victoria's Secret runway. (pictured) and her model sister ...

Victoria's Secret & Co. (VSCO) is currently trading at a compelling discount than its industry peers. With a forward 12-month Price/Earnings ratio of 11.76X, the stock is priced significantly below the industry average of 29.16X and the broader Consumer Discretionary sector's 18.43X, presenting a potential value opportunity. In the past three months, VSCO has delivered an impressive 30.9% gain, outpacing the industry's 22.8% increase and the S&P 500's 1.4% rise. The company has also outperformed other indus ...

Victoria's Secret & Co. VSCO shares are trading higher on Wednesday. Barclays analyst Adrienne Yih upgraded Victoria's Secret to Equal Weight from Underweight and raised the price target to $25 from $23. The analyst writes that the company has moved past its most challenging period. Despite a significant loss of market share in recent years, VSCO still holds around 20% of the U.S. intimate market. The analyst says that they are more positive about the company due to the new management team's industry experi ...

Victoria's Secret (NYSE: VSCO ) 2Q24 results came with a lot of surprises: a new CEO, improved guidance, and the first quarter with growth in operating income since 2021. Sales were down on an absolute and comparable basis, but the Long-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, t ...

Featuring dynamic talent Gigi Hadid, Paloma Elsesser, Taylor Hill and more embodying the unmatched style and innovation of the collection NEW YORK, Sept. 12, 2024 /PRNewswire/ -- Today, Victoria's Secret announced the return of VSX – an allnew collection that is the intersection of performance, comfort and fashion. Versatile in style and functionality, VSX offers the ultimate collection of bold, cutting-edge styles to wear day-to- night. Taylor Hill for Victoria's Secret Photo by Zoey GrossmanTaylor Hill fo ...

Core Viewpoint - Victoria's Secret (VSCO) is currently recommended as a hold due to a negative macro outlook and elevated valuation multiples despite the appointment of a new CEO, Hillary Super, who brings relevant industry experience and expertise [2][6]. Financial Performance - VSCO reported a total sales decline of 0.7% year-over-year to approximately $1.42 billion, with North America store sales declining 2.1% year-over-year to $800 million and same-store sales growth (SSSG) declining 5% year-over-year [3]. - Direct sales fell 0.9% year-over-year to $430.2 million, while international sales grew 6.4% year-over-year to $187 million [3]. - Adjusted gross margin expanded by 80 basis points year-over-year to 35.4%, and adjusted EBIT margin expanded by 100 basis points to 4.4%, exceeding consensus estimates of 4.3% [3]. Management Changes - Hillary Super was appointed as the new CEO effective September 9, which is seen as a crucial change for VSCO, instilling confidence in a potential turnaround [3][4]. - Super's background includes experience at Savage X Fenty, a major competitor, and expertise in fashion retail merchandising from companies like Guess and Anthropologie [4]. Market Trends - Despite a negative sales performance in Q2 2024, there are signs of improving sales trends in North America for both Victoria's Secret and PINK brands, with management noting a strong exit from Q2 2024 and positive customer reactions to new products [4]. - Inventory levels have stabilized at approximately 16% of total revenue, allowing for increased production of new products in response to current demand [4]. Valuation Concerns - The current macroeconomic environment is challenging, with consumers remaining value-conscious, which has led to a loss of market share to value competitors [5]. - The stock has surged approximately 20% following the new CEO's appointment, trading at 11x forward PE, above the historical average of 8x over the past five years, indicating potential for downward re-rating if macro conditions do not improve [5]. Final Recommendation - The recommendation remains a hold for VSCO, as recent demand trends and the new CEO are positive, but the uncertain macroeconomic outlook warrants caution before making investment decisions [6].

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth p ...