Victoria's Secret & Co. is a leading retailer specializing in women's lingerie, apparel, and beauty products. The company is widely recognized for its iconic branding, including its annual fashion shows and its signature pink branding. Victoria's Secret focuses on delivering fashionable and high-quality products that appeal to a diverse range of customers, promoting confidence and empowerment through its offerings. In addition to its core lingerie line, the brand has expanded its portfolio to include sleepwear, loungewear, and beauty products, positioning itself as a comprehensive lifestyle brand for women. Through a combination of brick-and-mortar retail locations and an online presence, Victoria's Secret aims to enhance the shopping experience while maintaining a strong connection with its customer base. Read More
A number of stocks fell in the afternoon session as the broader market tumbled in the morning session after a surprisingly weak U.S. jobs report and the announcement of new, widespread tariffs on imported goods. The U.S. economy added only 73,000 jobs in July, falling far short of the 109,000 forecast. Compounding the issue, job gains for May and June were revised down by a combined 258,000, signaling what some see as “increasing signs of fragility” in the labor market. Simultaneously, the White House announced new tariffs, ranging from 10% to 41%, on goods from 92 countries. This “double whammy” of negative news has intensified fears that ongoing trade wars are damaging the U.S. economy. The combination of a weaker labor market and new trade barriers has rattled investor confidence, fueling expectations that the Federal Reserve may be forced to cut interest rates to support the economy.
A number of stocks fell in the afternoon session after reports pointed to a broad-based weakening of consumer health, highlighted by rising loan delinquencies and falling spending intentions.
Shares of intimatewear and beauty retailer Victoria’s Secret (NYSE:VSCO)
jumped 3.3% in the morning session after the company announced a significant product innovation within its top-selling collection.
Shares of intimatewear and beauty retailer Victoria’s Secret (NYSE:VSCO)
jumped 4.1% in the afternoon session after the broader market rallied after new economic data showed unexpected strength in U.S. consumer spending, boosting investor confidence in the retail sector. The Commerce Department reported that retail sales rose by a better-than-expected 0.6% in June, rebounding from a decline in the prior month. This news eased concerns about a potential economic slowdown and suggested that shoppers are still willing to spend.
Shares of intimatewear and beauty retailer Victoria’s Secret (NYSE:VSCO)
fell 3.1% in the morning session after the stock continued a recent downward trend as investors look ahead to the company's upcoming second-quarter earnings announcement. While no specific news was released today, the stock has been under pressure since its last earnings report in June. During that announcement, Victoria's Secret lowered its full-year adjusted operating income guidance, citing an anticipated $50 million impact from tariffs. Investors are also monitoring the potential fallout from a security incident in May that temporarily shut down the company's e-commerce site. Although first-quarter results were not materially affected, the company warned of possible financial impacts in the second quarter due to expenses related to the breach. The stock has been in a technical downtrend, and today's move appears to be a continuation of that negative sentiment as the next earnings date approaches.
On July 2, an unauthorized third party accessed the systems of Louis Vuitton UK and took information such as names, contact details and purchase history, according to a Bloomberg News report.
A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south.
While some investors embrace risk, mistakes can be costly for those who aren’t prepared.
A company with profits isn’t always a great investment.
Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.
The lingerie brand is already fighting to fend off a challenge from key shareholder BBRC International, which is blaming the company's board for poor performance.
A number of stocks fell in the afternoon session after the major indices pulled back (Nasdaq -1.3%, S&P 500 -1.1%) as Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East. This development has sent crude oil prices surging, as investors fear potential disruptions to global oil supply and a wider regional conflict.
Telsey Advisory Group reiterated Market Perform rating on Victoria's Secret & Co. with a price forecast of $24. Reported in-line earnings and sales, but lowered adjusted operating income guidance for FY25 due to macro pressures and tariffs.
Victoria's Secret CFO Scott Sekella explained how the company plans to manage a $50 million tariff impact across Q2, Q3, and Q4, with a larger effect expected in Q4 due to seasonal volume.
Intimatewear and beauty retailer Victoria’s Secret (NYSE:VSCO) reported Q1 CY2025 results beating Wall Street’s revenue expectations, but sales were flat year on year at $1.35 billion. On the other hand, next quarter’s revenue guidance of $1.40 billion was less impressive, coming in 1.1% below analysts’ estimates. Its non-GAAP profit of $0.09 per share was significantly above analysts’ consensus estimates.
Intimatewear and beauty retailer Victoria’s Secret (NYSE:VSCO) reported Q1 CY2025 results topping the market’s revenue expectations, but sales were flat year on year at $1.35 billion. On the other hand, next quarter’s revenue guidance of $1.40 billion was less impressive, coming in 1.1% below analysts’ estimates. Its non-GAAP profit of $0.09 per share was significantly above analysts’ consensus estimates.
