REYNOLDSBURG, Ohio, Aug. 29, 2025 (GLOBE NEWSWIRE) -- Victoria’s Secret & Co. (“VS&Co” or the “Company”) (NYSE: VSCO) announced today that Hillary Super, Chief Executive Officer, and Scott Sekella, Chief Financial and Operating Officer, will participate in a fireside chat at the Goldman Sachs 32nd Annual Global Retailing conference on Thursday, September 4, 2025, at 1:10 p.m. ET. A live audio webcast will be available at the time of the event and may be accessed through the Investors section of the Company’ ...

Core Viewpoint - Victoria's Secret reported quarterly earnings of $0.33 per share, significantly exceeding the Zacks Consensus Estimate of $0.13 per share, representing an earnings surprise of +153.85% [1][2] Financial Performance - The company posted revenues of $1.46 billion for the quarter ended July 2025, surpassing the Zacks Consensus Estimate by 3.78% and showing an increase from $1.42 billion year-over-year [2] - Over the last four quarters, Victoria's Secret has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance and Outlook - Victoria's Secret shares have declined approximately 45% since the beginning of the year, contrasting with the S&P 500's gain of 10.2% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.58 on revenues of $1.35 billion, while for the current fiscal year, it is $2.01 on revenues of $6.24 billion [7] Industry Context - The Retail - Apparel and Shoes industry, to which Victoria's Secret belongs, is currently ranked in the bottom 34% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Victoria's Secret's stock performance [5][6]

Company Overview - Victoria's Secret & Co. is a specialty retailer offering modern, fashion-inspired collections including bras, panties, lingerie, apparel, and fragrances [2] - The company operates under market-leading brands Victoria's Secret and PINK, and also includes Adore Me, a technology-led intimates brand [2] - Victoria's Secret & Co. employs over 30,000 associates and has approximately 1,380 retail stores in nearly 70 countries [2] Upcoming Earnings Release - The second quarter 2025 earnings release is scheduled for August 28, 2025, before market open [1] - A live webcast of the earnings conference call will take place at 8:30 a.m. ET on the same day [1] - Financial information related to the earnings release will be available on the company's investor relations website [1]

Victoria's Secret (VSCO) came out with quarterly earnings of $0.09 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this retailer of lingerie, pajamas and beauty products would post earnings of $2.30 per share when it actually produced earnings of $2.60, delivering a surprise of 13.04%.Over the last four quarters, the company has surpassed consensus EPS estimat ...

Core Viewpoint - Victoria's Secret & Co. reported first quarter financial results that exceeded expectations, reaffirming its full year 2025 sales guidance [1][2]. Financial Performance - The company reported net sales of $1.353 billion for the first quarter of 2025, surpassing the guidance range of $1.30 billion to $1.33 billion, and remaining flat compared to $1.359 billion in the first quarter of 2024 [5]. - Operating income for the first quarter of 2025 was $20 million, down from $26 million in the first quarter of 2024, with a net loss of $2 million, or $0.02 per diluted share, compared to a net loss of $4 million, or $0.05 per diluted share, in the prior year [6]. - Adjusted operating income for the first quarter of 2025 was $32 million, exceeding the guidance range of $10 million to $30 million, but down from $40 million in the first quarter of 2024. Adjusted net income was $7 million, or $0.09 per diluted share, near the high end of the guidance range [7]. Sales Outlook - For the second quarter of 2025, the company forecasts net sales between $1.380 billion and $1.410 billion, compared to $1.417 billion in the same quarter last year. Adjusted operating income is expected to range from $15 million to $35 million [8]. - The full year sales guidance remains at $6.2 billion to $6.3 billion, with adjusted operating income now expected to be between $270 million and $320 million, revised down from the previous range of $300 million to $350 million due to an estimated net tariff impact of approximately $50 million [9]. Business Strategy - The CEO emphasized the company's focus on customer experience, brand health, and product innovation, highlighting the strength in the Beauty business and PINK apparel [3]. - The CFO noted a disciplined approach to cost control and agility in responding to customer needs, aiming to build on the company's solid foundation [4]. Store Performance - Total net sales for the first quarter included $721.3 million from North American stores, $433.2 million from direct sales, and $198.4 million from international sales, with a total comparable sales decrease of 1% [17]. - The company operated 1,378 stores as of May 3, 2025, after opening 15 and closing 24 stores during the quarter [22].

Company Performance - Genesco reported a quarterly loss of $2.05 per share, slightly better than the Zacks Consensus Estimate of a loss of $2.09, and an improvement from a loss of $2.10 per share a year ago, indicating an earnings surprise of 1.91% [1] - The company posted revenues of $473.97 million for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 2.33% and showing an increase from year-ago revenues of $457.6 million [2] - Over the last four quarters, Genesco has exceeded consensus EPS estimates three times and topped consensus revenue estimates three times as well [2] Stock Outlook - Genesco shares have declined approximately 47.7% since the beginning of the year, contrasting with the S&P 500's gain of 1.5% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.81 on revenues of $531.05 million, while for the current fiscal year, the estimate is $1.47 on revenues of $2.34 billion [7] Industry Context - The Retail - Apparel and Shoes industry, to which Genesco belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Genesco's stock performance [5]

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Victoria's Secret due to lower revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - The earnings report is expected on June 5, 2025, with a consensus EPS estimate of $0.04, reflecting a -66.7% year-over-year change, and revenues projected at $1.33 billion, down 2.1% from the previous year [3][4]. Estimate Revisions - The consensus EPS estimate has been revised 7.02% higher in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - Victoria's Secret has a positive Earnings ESP of +54.55%, suggesting analysts are optimistic about the company's earnings prospects, despite a Zacks Rank of 3 [12]. Historical Performance - In the last reported quarter, Victoria's Secret exceeded the expected EPS of $2.30 by delivering $2.60, resulting in a +13.04% surprise. The company has beaten consensus EPS estimates in the last four quarters [13][14]. Industry Comparison - Genesco, another player in the retail apparel industry, is expected to report an EPS of $2.14, indicating a -1.9% year-over-year change, with revenues projected at $463.91 million, up 1.4% [19].

Capri Holdings (CPRI) came out with a quarterly loss of $4.90 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to earnings of $0.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2,962.50%. A quarter ago, it was expected that this luxury retailer would post earnings of $0.63 per share when it actually produced earnings of $0.45, delivering a surprise of -28.57%.Over the last four quarters, the ...

Core Viewpoint - The Board of Directors of Victoria's Secret & Co. has adopted a limited-duration shareholder rights plan to protect the interests of all shareholders in response to significant stock accumulation by BBRC International Pte Limited [2][3][4] Group 1: Rights Plan Details - The Rights Plan is effective immediately and will expire in one year, specifically on May 18, 2026 [2][8] - Each shareholder will receive one right for each share of common stock as of May 29, 2025, which will initially trade with the common stock [5][8] - The rights become exercisable if any person acquires 15% or more of the outstanding common stock, or 20% for certain passive investors [5][6] Group 2: Rationale for the Rights Plan - The Board adopted the Rights Plan due to the substantial accumulation of shares by BBRC, which began increasing its position to approximately 13% starting in March 2025 [3][6] - The Board expressed concerns about the current market dislocation in the retail sector and its impact on the trading value of the Company's shares, which they believe does not reflect the inherent value of VS&Co [3][4] - The Rights Plan aims to ensure fair treatment of all shareholders in the event of a takeover and to prevent control from being gained without appropriate compensation [4][6] Group 3: Engagement with BBRC - The Company has maintained open dialogue with BBRC and values their investment, indicating a willingness to continue discussions [4] - BBRC has a history of acquiring controlling interests in retail companies and has recently launched a new global lingerie and beauty brand [6][4] Group 4: Company Overview - Victoria's Secret & Co. is a specialty retailer known for its fashion-inspired collections, including lingerie, sleepwear, and beauty products, with a global presence of approximately 1,380 retail stores in nearly 70 countries [9]

Core Viewpoint - Victoria's Secret & Co. is set to release its first quarter 2025 earnings on June 5, 2025, with a live conference call scheduled for 8:30 a.m. ET, providing an opportunity for stakeholders to gain insights into the company's financial performance and strategic direction [1][2]. Company Overview - Victoria's Secret & Co. (NYSE: VSCO) is a specialty retailer known for its modern, fashion-inspired collections, including bras, lingerie, apparel, and fragrances, with a commitment to empowering women and a workforce of over 30,000 associates across approximately 1,380 retail stores in nearly 70 countries [3]. - The company operates leading brands, Victoria's Secret and PINK, alongside Adore Me, a technology-driven intimates brand catering to women of all sizes and budgets [3]. Earnings Call Details - The earnings release and related financial information will be available on the company's investor relations website approximately one hour before the live webcast [1]. - For those unable to attend the live call, an archived version will be accessible on the company's website [2]. Contact Information - For further inquiries, the company provides contact details for investor relations and media relations, ensuring stakeholders can obtain additional information as needed [6].