Earnings beat analyst estimates, but investors were still discouraged by overall declines. Shares of Victoria's Secret (VSCO -3.70%) were falling on Thursday, down as much as 9.6% in early trading before recovering to a 3.4% decline as of 2:37 p.m. ET. While the apparel giant delivered revenue and earnings above expectations for the second quarter last night, the company is still seeing declines across most of its business. And with the stock having popped earlier this month on news of the appointment a new ...

Victoria's Secret & Co. (VSCO) posted decent second-quarter fiscal 2024 results, with the top and the bottom line surpassing the Zacks Consensus Estimate. Earnings beat the consensus estimate for the third straight quarter. Victoria's Secret posted positive business trends in North America in the third quarter, with encouraging early feedback on fall assortments for Victoria's Secret and PINK brands. The beauty segment performed well, driving customer traffic to stores. Going forward, the company emphasized ...

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Victoria's Secret & Co. (NYSE:VSCO) Q2 2024 Earnings Conference Call August 29, 2024 8:00 AM ET Company Participants Kevin Wynk - VP, External Financial Reporting & IR Tim Johnson - Interim CEO & CFO Conference Call Participants Ike Boruchow - Wells Fargo Alex Straton - Morgan Stanley Corey Tarlowe - Jefferies Brooke Roach - Goldman Sachs Mauricio Serna - UBS Simeon Siegel - BMO Capital Markets Jonna Kim - TD Cowen Operator Good morning. My name is Amanda, and I will be your conference operator today. At th ...

Victoria's Secret (VSCO) reported $1.42 billion in revenue for the quarter ended July 2024, representing a yearover-year decline of 0.7%. EPS of $0.40 for the same period compares to $0.24 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.41 billion, representing a surprise of +0.44%. The company delivered an EPS surprise of +5.26%, with the consensus EPS estimate being $0.38. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Victoria's Secret (VSCO) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.26%. A quarter ago, it was expected that this retailer of lingerie, pajamas and beauty products would post earnings of $0.11 per share when it actually produced earnings of $0.12, delivering a surprise of 9.09 ...

Victoria's Secret & Co.'s stock was up 3.6% in extended trading Wednesday after the intimate-apparel company swung to a profit in its second-quarter results and raised its 2024 sales outlook, boosted by North American sales. The company reported net income of $32 million, or 40 cents a share, after a net loss of $1 million, or a loss of 2 cents a share, in the prior year's quarter. On an adjusted basis, earnings were 40 cents a share, above the FactSet analyst consensus of 37 cents a share. ...

Exhibit 99.1 VICTORIA'S SECRET＆CO. Victoria's Secret & Co. Reports Second Quarter 2024 Results Sales performance sequentially improved for fourth consecutive quarter Quarterly operating income growth for first time since 2021 Raises full year 2024 outlook and provides third quarter guidance Reynoldsburg, Ohio (August 28, 2024)—Victoria's Secret & Co. ("Victoria's Secret" or the "Company") (NYSE: VSCO) today reported financial results for the second quarter ended August 3, 2024. Interim Chief Executive Offic ...

Sales performance sequentially improved for fourth consecutive quarter Quarterly operating income growth for first time since 2021 Raises full year 2024 outlook and provides third quarter guidance REYNOLDSBURG, Ohio, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Victoria's Secret & Co. ("Victoria's Secret" or the "Company") (NYSE: VSCO) today reported financial results for the second quarter ended August 3, 2024. Interim Chief Executive Officer and Chief Financial and Administrative Officer Timothy (TJ) Johnson comment ...

Victoria's Secret & Co. (VSCO) is scheduled to report second-quarter 2024 results on Aug 28. In the last reported quarter, VSCO's earnings beat the Zacks Consensus Estimate by 9.1%. Q2 Estimates The Zacks Consensus Estimate for second-quarter earnings per share is pegged at 38 cents, indicating a gain of 58.3% from the year-ago reported figure. In the past 30 days, estimate revisions have witnessed upward movements of 123.5%. The consensus mark for revenues is pegged at $1.41 billion, implying a 1.4% decrea ...