Victoria's Secret (VSCO) Q1 Earnings & Revenues Top Estimates
Victoria’s Secret & (VSCO) ZACKS·2024-06-06 13:50
In the first quarter, Victoria's Secret saw a steady improvement in sales trends across its physical stores and online platforms in North America. This positive momentum was evident for both the Victoria's Secret and PINK brands. Despite a tough retail landscape and high competition in promotions, the company successfully increased gross margin rate compared to the previous year by effectively managing inventory and strategically driving customer traffic. Victoria's Secret & Co. (VSCO) posted first-quarter ...