Victoria's Secret & Company
VSCO
ISIN US9264001028 / Valor 112661844
Victoria's Secret & Company
UMushroom community rating:
About company
Victoria's Secret & Company is a global retailer with a team of over 30,000 employees dedicated to providing customers with products and experiences that promote self-confidence and empowerment. The company focuses on offering a wide range of lingerie, beauty products, and accessories to cater to the diverse needs of its customers. Through its products, platform, and advocacy efforts, Victoria's Secret & Company aims to drive positive change and make a meaningful impact on the lives of its customers.
Summarized from source with an LLMView SourceSector: Consumer CyclicalsLatest Results (07.08.2024):
Net Loss
Victoria's Secret & Company reported a net loss of $4 million, or $0.05 per diluted share, for the first quarter of 2024. This compares to a net income of $1 million, or $0.01 per diluted share, for the first quarter of 2023.
Operating Income
The company's operating income for the first quarter of 2024 was $26 million, compared to $28 million in the first quarter of 2023. Adjusted operating income for the first quarter of 2024 was $40 million, which was at the high-end of the previously announced preliminary results.
Net Sales
Victoria's Secret & Company reported net sales of $1.359 billion for the first quarter of 2024, a decrease of 3% compared to $1.407 billion in the first quarter of 2023. Total comparable sales for the first quarter of 2024 decreased by 5%.
Second Quarter Outlook
The company is forecasting second quarter 2024 net sales to decrease in the low-single digit range compared to the second quarter of 2023. Adjusted operating income for the second quarter of 2024 is expected to be in the range of $30 million to $45 million, with adjusted net income estimated to be between $0.05 to $0.20 per diluted share.
Full Year 2024 Outlook
Victoria's Secret & Company reaffirmed its full year 2024 outlook, forecasting net sales to be about $6.0 billion, down low-single digits compared to fiscal year 2023. Adjusted operating income for fiscal year 2024 is expected to be between $250 million to $275 million.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3839 M
Market cap (USD)
524,632
Daily traded volume (Shares)
47.59 / 45.95
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
