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Victoria's Secret Surprises with Preliminary Q1 Results: CEO Bullish Amid Tough Retail Climate
Victoria’s Secret & Co. (NYSE:VSCO) shares are trading higher after the company reported first-quarter FY24 preliminary results.
The company sees first-quarter FY24 adjusted EPS of $0.07 – $0.12, up from prior guidance of $(0.15) – $0.10 vs. estimate of estimate of loss of $(0.03).
Victoria’s Secret sees sales growth of (3%)-(4%) vs. better than prior guidance of (4%)-(6%) and adjusted operating income of $35 million – $40 million, higher than the ...