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.
Telsey analyst maintains Market Perform on Victoria's Secret, reports preliminary Q1 results of $1.35B revenue and 9 cents EPS. Concerns over cyberattack and lowered estimates.
The search giant noted that hackers are targeting English-speaking branches of multinational companies, tricking employees into sharing credentials that grant them access to company data stored on the Salesforce cloud.
