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Victoria's Secret Fiscal Q1 Preliminary Adjusted Earnings Exceed Guidance
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Victoria's Secret Fiscal Q1 Preliminary Adjusted Earnings Exceed Guidance
May 10, 2024 3:46 AM

06:28 AM EDT, 05/10/2024 (MT Newswires) -- Victoria's Secret & Co (VSCO) reported preliminary fiscal Q1 adjusted earnings Thursday of $0.07 to $0.12 per diluted share, compared with a guidance of a loss of $0.15 to earnings of $0.10.

Analysts polled by Capital IQ expect a loss of $0.03.

The company reaffirmed its fiscal year 2024 net sales guidance of about $6 billion. Analysts surveyed by Capital IQ expect $5.98 billion.

The company's share price was up more than 6% in premarket trading.

Price: 19.77, Change: +1.17, Percent Change: +6.29

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