VICTORIA'S SECRET & CO (VSCO) Stock News
NYSE:VSCO - New York Stock Exchange, Inc. - US9264001028 - Common Stock - Currency: USD
VSCO Latest News, Press Releases and Analysis
Victoria's Secret Stock Slips On CFO Departure, Narrowed EPS Guidance: Retail’s Cautious
Consensus estimates for fourth-quarter peg earnings per share at $2.26 on revenues of $2.09 billion.
Victoria's Secret Shares Drop Following CFO Transition Announcement
Victoria's Secret & Co. (NYSE: VSCO) shares are trading lower Wednesday after the company announced the retirement of Chief Financial and Administrative Officer Timothy Johnson and the appointment of Scott Sekella as the new Chief Financial Officer.
Why Victoria's Secret (VSCO) Stock Is Falling Today
Shares of intimatewear and beauty retailer Victoria’s Secret (NYSE:VSCO) fell 6.5% in the pre-market session after the company appointed a new CFO, Scott Sekella, who most recently served as CFO of fabric and crafts retailer Joann and previously held financial leadership roles at Under Armour and Crocs. In conjunction with this appointment, the company raised the midpoint of Q4 guidance for sales, operating income, and adjusted EPS. The market seemed to be looking for a more convincing raise, as the holiday season seemed to be a strong one for Victoria's Secret and other specialty retailers. This can be seen by the recent strong stock price performance, which seemed to bake in the good news prior to this announcement.
Why Victoria's Secret (VSCO) Stock Is Falling Today
Shares of intimatewear and beauty retailer Victoria’s Secret (NYSE:VSCO) fell 6.5% in the pre-market session after the company appointed a new CFO, Scott Sekella, who most recently served as CFO of fabric and crafts retailer Joann and previously held financial leadership roles at Under Armour and Crocs. In conjunction with this appointment, the company raised the midpoint of Q4 guidance for sales, operating income, and adjusted EPS. The market seemed to be looking for a more convincing raise, as
Victoria’s Secret & Co. Announces CFO Transition and Provides Positive Update on Holiday Sales and 2024 Earnings Expectations
Chief Financial and Administrative Officer Timothy Johnson announces planned retirement Seasoned retail executive Scott Sekella appointed CFO Company now...
Victoria's Secret (VSCO): Buy, Sell, or Hold Post Q3 Earnings?
The past six months have been a windfall for Victoria's Secret’s shareholders. The company’s stock price has jumped 112%, hitting $38.60 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Victoria's Secret (VSCO): Buy, Sell, or Hold Post Q3 Earnings?
The past six months have been a windfall for Victoria's Secret’s shareholders. The company’s stock price has jumped 112%, hitting $38.60 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
G-III Apparel Group Stock Earns 81 RS Rating
G-III Apparel Group stock saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 77 to 81.
Stock Market Hits Highs On Salesforce, Tech Earnings; Bitcoin Tops $100,000, Briefly: Weekly Review
Salesforce and mostly positive tech earnings buoyed the major indexes.
Victoria’s Secret & Co. Reports Third Quarter 2024 Results
Q3 Sales and operating results better than guidance Q3 Sales increase of 7% represents sequential improvement for the fifth consecutive quarter ...
Victoria’s Secret & Co. Invites You to Listen to the Third Quarter 2024 Earnings Call Webcast
REYNOLDSBURG, Ohio, Nov. 13, 2024 (GLOBE NEWSWIRE) -- In conjunction with the Victoria’s Secret & Co. (NYSE: VSCO) third quarter 2024 earnings...
The Rise and Fall of Victoria's Secret
When a retailer falls, it falls quickly.
A Bull Market Is Here: 2 Magnificent S&P 500 Dividend Stocks Down 50% and 61% to Buy Right Now
After big pullbacks, this athletic apparel company and personal-care products retailer look poised to deliver large wins.