REYNOLDSBURG, Ohio, May 15, 2024 (GLOBE NEWSWIRE) -- In conjunction with the Victoria's Secret & Co. (NYSE:VSCO) first quarter 2024 earnings release, which will cross the wire after market close on Wednesday, June 5th, you are invited to listen to a live webcast of the conference call on Thursday, June 6th at 8:00 a.m. ET with Victoria's Secret & Co. executives. What:Victoria's Secret & Co. First Quarter 2024 Earnings Conference Call Webcast  When:8:00 a.m. ET on Thursday, June 6th, 2024  Where:https://www. ...

REYNOLDSBURG, Ohio, May 15, 2024 (GLOBE NEWSWIRE) -- In conjunction with the Victoria’s Secret & Co. (NYSE: VSCO) first quarter 2024 earnings release, which will cross the wire after market close on Wednesday, June 5th, you are invited to listen to a live webcast of the conference call on Thursday, June 6th at 8:00 a.m. ET with Victoria’s Secret & Co. executives. What:Victoria’s Secret & Co. First Quarter 2024 Earnings Conference Call Webcast  When:8:00 a.m. ET on Thursday, June 6th, 2024  Where:https://www ...

Sales, adjusted operating income, adjusted EPS at the high end or above guidance Reaffirms fiscal 2024 sales and adjusted operating income guidance REYNOLDSBURG, Ohio, May 09, 2024 (GLOBE NEWSWIRE) -- Victoria's Secret & Co. ("Victoria's Secret" or the "Company") (NYSE:VSCO) today provided preliminary results for the first quarter 2024 ended May 4, 2024. Net sales, adjusted operating income, and adjusted diluted earnings per share for the first quarter are at or above previously issued guidance as highlight ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________ FORM 10-K __________________________________________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 3, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commi ...

Pgiam/iStock via Getty Images In November 2022, we slapped a sell rating on Victoria's Secret & Co. (NYSE:VSCO). Shares have never recovered are down nearly 60% since that call. Now, we will point out that shares had been on a tear from the mid-teens to about $30 before dumping off after the just-reported Q4 2023 earnings. You know what is interesting about this collapse in shares is that the quarter was actually decent. In fact, sales were in line with expectations, while EPS was a beat against consensus e ...

Shares of Victoria's Secret (VSCO -29.70%) plummeted 29.7% on Thursday after the lingerie, clothing, and beauty-products retailer announced reasonably solid quarterly results but followed with underwhelming forward guidance.Victoria's Secret's decent fourth quarter wasn't enoughFor its fiscal fourth quarter ended Feb. 3, 2024, Victoria's Secret's net sales grew 3% year over year, to $2.082 billion, including a comparable-sales decline of 6% (noting that there was an extra week in this fourth quarter, as com ...

Victoria’s Secret’s shares suffered their worst day ever after the lingerie maker gave a surprise warning that it expects its sales will drop this year as a turnaround bid has failed to take shape.The company’s shares fell by a record 30% on Thursday — the biggest decline since its IPO in July 2021, according to Bloomberg — after it issued disappointing results for the crucial holiday period and said sales would decline in 2024.In the quarter ended Feb. 3, comparable store sales fell 6%, the company said. I ...

Victoria’s Secret & Co. (VSCO) posted fourth-quarter fiscal 2023 results, wherein the top line missed the Zacks Consensus Estimate, while the bottom line surpassed the same. Both metrics increased on a year-over-year basis.VSCO benefited from strong international business. The company is also encouraged by improving sales trend in North America. Following the earnings, the company’s shares declined 26.1% in the after-hour trading session on Mar 6. Investors’ sentiment was hurt by dismal 2024 outlook.Q4 in D ...

So the single biggest challenge in the model right now is the North America sales trend and that's what would be driving the majority of the flow through that you're challenging. So, I'm confident that the gross margin -- when I look at estimates, actually our gross margin rate was likely above the street for the year, even on a lower sales. When we look at expense rate and leverage opportunities, in any given quarter Ike, we're talking about expense dollars that are up minimally year-over-year. It really c ...

Victoria’s Secret (NYSE:VSCO) stock is falling hard on Thursday following the release of its latest earnings report.The company’s report for the fourth quarter of 2023 starts with adjusted earnings per share of $2.58. That’s better than the $2.47 per share Wall Street was expecting. It’s also better than the $2.47 reported in the same period of the year prior.Unfortunately, it couldn’t keep that positive momentum going with revenue coming in at $2.08 billion. That’s below the $2.9 billion in revenue that an ...