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Victoria’s Secret & (VSCO) - 2023 Q4 - Earnings Call Presentation
2024-03-07 13:07
Forward Looking Statements • market disruptions including pandemics or significant health hazards, severe weather conditions, natural disasters, terrorist activities, financial crises, political crises or other major events, or the prospect of these events; • our dependence on traffic to our stores and the availability of suitable store locations on satisfactory terms; • our ability to protect our reputation and the image and value of our brands; • our ability to realize the potential benefits and synergies ...
Victoria's Secret Stock Sinks After Issuing Soft Sales Outlook—Key Area to Watch
Investopedia· 2024-03-07 02:30
Key TakeawaysVictoria's Secret shares fell 26% in extended-hours trading after the company issued cautious sales guidance below analysts' expectations amid softness in the North American intimate apparel market.The company announced a new stock buyback program, authorizing the repurchase of up to $250 million of the company’s common stock. A close below an important zone of support between $20 and $21.50 could open the door to a retest of the stock's record low at $13.62. Victoria's Secret (VSCO) shares slu ...
Here's What Key Metrics Tell Us About Victoria's Secret (VSCO) Q4 Earnings
Zacks Investment Research· 2024-03-07 00:01
Victoria's Secret (VSCO) reported $2.08 billion in revenue for the quarter ended January 2024, representing a year-over-year increase of 3%. EPS of $2.58 for the same period compares to $2.47 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.09 billion, representing a surprise of -0.46%. The company delivered an EPS surprise of +4.88%, with the consensus EPS estimate being $2.46.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...
Victoria's Secret shares plummet on mixed 4Q results; weak sales guidance
Proactive Investors· 2024-03-06 21:43
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Earnings Preview: What To Expect From Victoria's Secret Results
Forbes· 2024-03-06 13:55
SAINT-PETERSBURG, RUSSIA - 2020/03/18: Logo of Victoria`s Secret is seen at Galeria Shopping and ... [+] Entertainment Centre. (Photo by Sergei Mikhailichenko/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images Victoria’s Secret & Co. is scheduled to report earnings after Wednesday’s close. The stock hit a record high of $76/share in 2021 and is currently trading near $26 in the premarket. The stock is prone to big moves after reporting earnings and can easily gap up if the num ...
Victoria’s Secret & (VSCO) - 2024 Q4 - Annual Results
2024-03-05 16:00
Exhibit 99.1 Victoria's Secret & Co. Reports Fourth Quarter 2023 Results Fourth quarter adjusted operating income and adjusted diluted EPS at the high-end of guidance Generated nearly $590 million in operating cash flow in the fourth quarter and ended the year with debt down over $150 million year-over-year Announces new $250 million share repurchase authorization Provides initial full year and first quarter 2024 guidance Reynoldsburg, Ohio (March 6, 2024)—Victoria's Secret & Co. ("Victoria's Secret" or the ...
Victoria's Secret (VSCO) to Post Q4 Earnings: What's in Store?
Zacks Investment Research· 2024-03-05 15:31
Victoria's Secret & Co. (VSCO) is scheduled to report fourth-quarter 2023 results on Mar 6. In the last reported quarter, VSCO’s earnings missed the Zacks Consensus Estimate by 7.5%.Q4 EstimatesThe Zacks Consensus Estimate for fourth-quarter earnings per share is pegged at $2.46, indicating a decline of 0.4% year over year. In the past seven days, estimate revisions have remained stable. The consensus mark for revenues is pegged at $2.09 billion, suggesting a 3.5% increase year over year.Factors to NoteIn t ...
Analysts Estimate Victoria's Secret (VSCO) to Report a Decline in Earnings: What to Look Out for
Zacks Investment Research· 2024-02-28 16:06
Wall Street expects a year-over-year decline in earnings on higher revenues when Victoria's Secret (VSCO) reports results for the quarter ended January 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on March ...
Victoria's Secret & Co. Invites You to Listen to the Fourth Quarter 2023 Earnings Call Webcast
Newsfilter· 2024-02-15 21:15
REYNOLDSBURG, Ohio, Feb. 15, 2024 (GLOBE NEWSWIRE) -- In conjunction with the Victoria's Secret & Co. (NYSE:VSCO) fourth quarter 2023 earnings release, which will cross the wire after market close on Wednesday, March 6th, you are invited to listen to a live webcast of the conference call on Thursday, March 7th at 8:00 a.m. ET with Victoria's Secret & Co. executives. What:Victoria's Secret & Co. Fourth Quarter 2023 Earnings Conference Call WebcastWhen:8:00 a.m. ET on Thursday, March 7th, 2024Where: https://w ...
Victoria's Secret & Co. Invites You to Listen to the Fourth Quarter 2023 Earnings Call Webcast
GlobeNewsWire· 2024-02-15 21:15
REYNOLDSBURG, Ohio, Feb. 15, 2024 (GLOBE NEWSWIRE) -- In conjunction with the Victoria’s Secret & Co. (NYSE:VSCO) fourth quarter 2023 earnings release, which will cross the wire after market close on Wednesday, March 6th, you are invited to listen to a live webcast of the conference call on Thursday, March 7th at 8:00 a.m. ET with Victoria’s Secret & Co. executives. What:Victoria’s Secret & Co. Fourth Quarter 2023 Earnings Conference Call WebcastWhen:8:00 a.m. ET on Thursday, March 7th, 2024Where: https://w ...