Victoria's Secret & Co. (NYSE:VSXY) Announces Earnings Results

Victoria's Secret & Co. (NYSE:VSXY) Announces Earnings Results

Victoria's Secret & Co. (NYSE:VSXY - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.95 earnings per share for the quarter, topping analysts' consensus estimates of $0.76 by $0.19. Victoria's Secret & Co. had a net margin of 3.11% and a return on equity of 38.03%. The business had revenue of $1.61 billion for the quarter, compared to analysts' expectations of $1.62 billion.

Here are the major earnings before the open Thursday

Major earnings expected before the bell on Thursday include:Ciena Corporation (CIEN)The Campbell's Company (CPB)Victoria's Secret & Co.

Victoria's Secret (VSXY) Shares Plunge 18% After Weak Q3 Profit Forecast Overshadows Earnings Beat

Victoria's Secret (VSXY) stock plunged 18% despite beating Q2 earnings as weak Q3 operating income guidance disappointed Wall Street investors.

Why Victoria’s Secret (VSXY) Stock Is Down 18% Despite a Big Earnings Beat

TLDR Victoria’s Secret stock fell 18% in premarket trading after Q2 results disappointed Wall Street on sales. Adjusted EPS of $0.95 beat estimates of $0.77, but net sales of $1.61 billion slightly missed the $1.62 billion consensus. Comparable sales grew 9%, beating estimates but slowing from 13%...