Victoria's Secret (VSCO) Q4 Earnings Top Estimates, Stock Down

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 ...