Victoria's Secret & Co

Victoria's Secret & Co. operates as a lingerie, clothing and beauty retailer. It offers bras, panties, lingerie, pajamas, sleep, sport and swim apparel, and beauty products. The company was founded in 1963 and is headquartered in Reynoldsburg, OH.

Earnings data Q2 2021

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VSCO reports mixed Q1 performance, focuses on international growth

VSCO's Q1 2023 performance reflects a mixed picture with challenges in North America but strong growth in international markets. The company is focused on executing key actions to drive growth and is optimistic about the impact of new initiatives, including the Victoria's Secret World Tour and the overhaul of the PINK business.

VSCO reports mixed Q2 performance, focuses on international growth

VSCO's Q2 performance was mixed, with challenges in North America offset by strong international growth. The company is focused on repositioning and evolving its business, with a strategic focus on strengthening the core, igniting growth, and transforming the foundation. Analysts are eager for updates at the upcoming Investor Day in October.

VSCO reports Q3 sales decline but sees opportunities in holiday season and marketing initiatives

VSCO's Q3 performance demonstrated strength in North America and international markets, despite an overall sales decline. The Beauty business and loyalty program are key strengths, while challenges include inventory constraints and shifting consumer behavior. Opportunities lie in the upcoming holiday season and marketing initiatives targeting Gen Z and Millennials.

Victoria's Secret & Co. beats Q4 guidance, eyes international growth

Victoria's Secret & Co. delivered strong financial performance in Q4 2022, exceeding guidance despite sales decline, with a focus on online sales and international growth.
The company faces challenges in segments like PINK apparel but is actively addressing them through strategic transformations and customer feedback.
Opportunities for growth lie in expanding internationally, enhancing the loyalty program, and investing in technology and store innovations to drive future success.

Victoria's Secret & Co reports mixed Q1 results, eyes international growth

Victoria's Secret & Co navigated challenges in North America but saw strong international growth and market share stability in bras.
Initiatives like the new loyalty program and product expansions show a commitment to enhancing customer experience and driving sales.
Balancing revenue and margin goals, managing costs, and focusing on core business strength are key strategies for future growth.

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Victoria's Secret & Co. has signalled third-quarter losses will not be as drastic as previously feared after sales have outdone expectations so far during the period.

Victoria's Secret climbs as losses look to be better than feared

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Shares of Victoria's Secret & Co. VSCO, -8.69% rose 2% after the maker of bras, lingerie and sleepwear said it could lose less than previously thought during the third quarter.

Shares in Victoria's Secret rise after lingerie seller posts upbeat forecasts as Ford stock falls after walkout

Shares of Victoria's Secret & Co. rose after hours on Wednesday after the maker of bras, lingerie and sleepwear said it could lose less than previously thought during the third quarter, as plans to boost growth help it navigate weaker demand for intimate wear.

Victoria's Secret's stock rallies on more upbeat third-quarter forecast, but retailer says its products don't stand out enough

REYNOLDSBURG, Ohio, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Victoria's Secret & Co. (“Victoria's Secret” or the “Company”) (NYSE: VSCO) will be hosting a meeting for investors and analysts tomorrow to share the Company's strategic growth plan to support its ambition to be the world's leading fashion retailer of intimate apparel and deliver the full potential of the Victoria's Secret and PINK brands. Chief Executive Officer Martin Waters commented, “At our Investor Day last year, we declared our goal to be the world's leading fashion retailer of intimate apparel and we defined our three strategic priorities designed to support our goal: Strengthen Our Core, Ignite Growth and Transform the Foundation.

Victoria's Secret & Co. Presents Strategic Plan Focused on Accelerating the Core and Driving Growth Initiatives to Deliver the Potential of the Victoria's Secret and PINK Brands

REYNOLDSBURG, Ohio, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Victoria's Secret & Co. (the “Company”) (NYSE: VSCO) announced that it will host an investor day on Thursday, October 12, 2023 at the Company's office located at 55 Water Street in New York, New York. The event will feature presentations from the senior leadership team who will provide an update on the Company's strategic vision for the future while also reflecting on the past year, just the Company's second year as an independent, publicly-traded company. Due to limited capacity, in-person attendance is by invitation only. The event will be broadcast live via webcast beginning at 9:00 a.m. Eastern on the Investors section of the Company's website here. A replay of the webcast and presentation materials will be available on the Investors section of the Company's website following the event.

Victoria's Secret & Co. Announces Upcoming Investor Day on October 12th

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Victoria's Secret invites audiences worldwide to embark on a captivating fashion journey with “The Tour '23 ,” now streaming on Prime Video

Victoria's Secret Presents: The Tour '23 – Now Streaming on Prime Video

The infamous Victoria's Secret fashion show was canceled in 2018 amid a fall in sales, declining ratings and controversies surrounding the brand.

Victoria's Secret Fashion Show Returns Tuesday—Here's What's Happened In The Last 5 Years

Victoria's Secret's (VSCO) fiscal second-quarter performance is impacted by a challenging macro environment, exerting pressure on the customer base and intimates categories.

Victoria's Secret (VSCO) Q2 Earnings Lag Estimates, Stock Down

Victoria's Secret & Co. (NYSE:VSCO ) Q2 2023 Earnings Conference Call August 31, 2023 8:00 AM ET Company Participants Kevin Wynk - Vice President of External Financial Reporting and Investor Relations Martin Waters - Chief Executive Officer Tim Johnson - Chief Financial Officer Conference Call Participants Matthew Boss - JPMorgan Lorraine Hutchinson - Bank of America Adrienne Yih - Barclays Alex Straton - Morgan Stanley Ike Boruchow - Wells Fargo Marni Shapiro - Retail Tracker Jonna Kim - TD Cowen Corey Tarlowe - Jefferies Carla Casella - JPMorgan William Reuter - Bank of America Operator Good morning. My name is Fran, and I will be your conference operator today.

Victoria's Secret & Co. (VSCO) Q2 2023 Earnings Call Transcript

Victoria's Secret & Co. (NYSE:VSCO) faced a challenging second quarter marked by a net loss, a substantial drop in operating income, and declining sales. The company reported a net loss of $1 million for Q2 2023, a sharp contrast to the $70 million net income in Q2 2022.

Victoria's Secret struggles with 2Q sales decline

Expects improving sales trends in the third and fourth quarter with adjusted operating income rate of 5% to 6% for full year 2023 Expects improving sales trends in the third and fourth quarter with adjusted operating income rate of 5% to 6% for full year 2023

Victoria's Secret & Co. Reports second quarter 2023 results within previous guidance range

REYNOLDSBURG, Ohio, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Victoria's Secret & Co. (“Victoria's Secret” or the “Company”) (NYSE: VSCO) announced today that Rod Little has been appointed to its Board.

Rod Little Joins Victoria's Secret and Co. Board of Directors

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Salesforce.com, Inc. (NYSE:CRM) will be watched closely on Wednesday with its results scheduled to come out after the closing bell. The software company is expected to report earnings of $1.90 per share on revenue of $8.52 billion.

Salesforce, Chewy, Victoria's Secret to report earnings Wednesday: day ahead

Victoria's Secret & Co. (NYSE:VSCO) shareholders will be hoping for a better set of financials on Wednesday, after June's disappointment. Missed first quarter revenue and earnings triggered a sell-off to reach what investors will be hoping was a nadir, they will want to see a marked improvement for the summer quarter.

Can Victoria's Secret latest earnings revive market sentiments?

The campaign celebrates the collection's bold, luxe styles alongside dynamic women – from the return of brand icons to new trailblazing talent. NEW YORK , Aug. 9, 2023 /PRNewswire/ -- Today, Victoria's Secret announced the debut of The Icon by Victoria's Secret, a new collection of bras, panties and lingerie that celebrate the shape of you.

Victoria's Secret Launches The Icon by Victoria's Secret Collection with All-Star Cast, Featuring Gisele Bündchen, Naomi Campbell, Emily Ratajkowski & More

Following the Debut of the Highly Anticipated Special, Customers Can Shop Victoria's Secret's Tour-Inspired Products on Victoriassecret.com and Amazon.com Following the Debut of the Highly Anticipated Special, Customers Can Shop Victoria's Secret's Tour-Inspired Products on Victoriassecret.com and Amazon.com

Victoria's Secret Announces the Premiere of the Victoria's Secret World Tour, Streaming September 26 on Prime Video

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Victoria's Secret & Co is undervalued by almost 70% due to mixed fiscal results since its spinoff souring investor sentiment in the firm. The firm continuous to remain profitable and exhibit healthy FCF despite short-term headwinds and decreasing sales figures. Despite the undervaluation, the company's significant debt and uncertainty about meeting growth and profitability targets limits my ability to rate the company a strong buy.

Victoria's Secret: Deep-Value, But Not Without Risk

Bear of the Day: Victoria's Secret (VSCO)

Victoria's Secret & Co. VSCO, -3.98% said Wednesday that Greg Unis will take on the role of brand president, Victoria's Secret and pink, as well as leading design, merchandising, creative, planning, strategic patterning and business development functions. Unis has been with the company since 2016.

Victoria's Secret says Greg Unis will become brand president, names Anne Stephenson as chief merchandising officer

REYNOLDSBURG, Ohio, June 21, 2023 (GLOBE NEWSWIRE) -- Victoria's Secret & Co. (“Victoria's Secret” or the “Company”) (NYSE: VSCO) announced key leadership appointments to further advance its strategic pillars of strengthening the core, igniting growth and transforming the foundation. Greg Unis will assume the role of Brand President, Victoria's Secret & PINK.

Victoria's Secret & Co. Announces Leadership Appointments

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The COVID-19 pandemic prompted the Biden Administration to halt student loan repayments starting March 13, 2020. As vaccinations spread and the reopening was underway, the administration extended the pause multiple times.

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Victoria's Secret is an industry leader in the lingerie space. The first quarter was a difficult one as people began to pull back on spending.

The Hidden Problems With Victoria's Secret's First Quarter

In its continued bid for relevancy, Victoria's Secret has expanded its range of apparel on Amazon following a successful launch.   This expansion aims to provide customers with access to a range of products, such as bras, underwear, sleepwear, swimwear and loungewear.

News for Victoria's Secret & Co Stock (VSCO)