Victoria's Secret stock climbs on Q2 earnings beat, raised outlook

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. ...